Marbella
A Swiss investment group is behind the opening of the centre, which will begin by offering four courses and with an initial investment of 2.2 million euros.
Marbellais about to join the list of towns which have private universities. After months of bureaucratic processes since the contract for the construction and management of this type of educational centre was put to tender, the mayor, Ángeles Muñoz has now announced the name of the chosen firm, which was the only one to express an interest in the initiative. Behind the Centro de Estudios Universitarios Internacionales de Marbella (MIUSC), which should open in September, is a Swiss holding company, the Genint group, which has interests and investments in different business sectors all over the world. With 15 years’ experience in financial advising, these investors view theMarbellaproject as a new business opportunity, explained Max Blauenstein, a representative of the firm, this week. “The crisis has led us to diversify our investments and we have seen the possibility of doing business with this project because we have confidence in its success”, he says. Read more »
If you are thinking in opening a branch of your Company in Spain, please note that you should take into account the following actions to be taken. María Teresa Arcos, English speaking leading lawyer in Spain is kindly informing you:
1).- The Directors of your Company must approve an agreement stating the setting up of the branch in Spain, as well as appointing a legal representative who shall be resident in Spain.
2).- The mentioned agreement for the setting up of the branch, appointment of the representative in Spain and By Laws for the company, will have to be legalised and translated into Spanish by a Sworn translator.
3).-The social capital approved by the Mother Company will have to be deposited in Spain, when the branch counts with capital endowment.
4).- The legal representative in Spain will grant the Constitution of Company Title Deed in front of a Spanish Notary, which will include the following documentation: Read more »
FOREGIN CITIZEN, WITH PERMANENT ADDRESS IN ANDALUCIA.
If you wish to match your situation as partners with those linked by marriage, it is a requirement to be registered as “registered partnership (pareja de hecho)” at “Registro de Parejas de Hecho” in Andalucia.
In this way, you will benefit, among others, on regional Spanish fiscal and tax regulations, specially the Inheritance Tax in Spain.
On more than one occasion, when a client arrives at a Spanish law firm looking for advice on buying a beautiful property in Spain overlooking the sea, the first thought of the professional is to cross fingers and hope that this beautiful apartment or villa complies with the Spanish Coast Law.
Presently, we are on the eve of the approval of the Law of protection and sustainable use of the coast and amending Law 22/1988, of 28 July, on Coasts. The new Spanish law will seek to provide more “legal security” to situations that previous legislation was not able to regulate and sustainable improvement of the coast lines in Spain.
DRAFT PROJECT LAW TO BOOST THE RENTAL MARKET IN SPAIN.
Ms. María Teresa Arcos, Lawyer in Marbella, has the pleasure to announce that Spanish Congress of Ministers has adopted on the 24th August last, a Draft Project Law to make more flexible and speed the market for renting properties in Spain that would bring, a reduction on the periods of the rental contracts and the improvement of the legal security.
We proceed to answer 9 frequently asked questions arising at the time of the rental of a home in Spain.
Are you thinking to lease your property in Spain? Use de services of a Spanish lawyer!.
Sheikh Abdullah Bin Nasser Al Thani, who recently purchased Malaga FC has unveiled his intention to build a second Puerto Banus style complex in Marbella’s Bajadilla marina.
The project would require an investment of 70 million euros and include the expansion of the marina with 400 additional moorings for small and medium-sized yachts. Read more »
The improved figures can be seen in all the Social Security regimes, except that of Domestic Workers, which is being phased out (30 Junes marks the last date for these workers to be transferred to the Special System within the General Regime) and the Special Coal Workers regime, which was down by 0.81%.
There was a notable increase in the Special Self-Employed Regime, which was up by 1.45%, and the Seamen Regime, up by 1.26%. The General Regime was up by 3.12%.
In annual terms, the number of foreign nationals continues with negative growth, significantly more so than the total number of employees: there was an annual fall of 5.61% in the group, compared with a fall of 3.39% in the system as a whole. Both figures reveal that the trend suggested in previous months is continuing: the loss of jobs is affecting foreign workers more than Spanish ones. Read more »
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