When a Scandinavian subsidiary in Spain has to enter a contract, it is necessary to be aware that there are generally high requirements for formalities in Spain. For example, a private loan agreement is not valid with the Spanish tax authorities unless the contract is at least stamped by a public authority.
If you want to avoid unnecessary discussion and burden of proof in relation to, for example, signatures and date, a contract should be drawn up and signed in front of a Spanish notary.
If one is aware in advance that a possible dispute will involve the Spanish courts either for the settlement of the dispute or for enforcement, this should be taken into account already at the conclusion of the contract.
Types of contracts
- Sale and purchase of goods and services
- Standard business terms and conditions
Since the foundation of Zafo Law in 2004, the office has gained exceptional experience in advising Scandinavian clients on Spanish legal matters. The most of cases dealt with by Zafo Law contain an international element involving one of the Scandinavian countries.
Vicente Sebastián Ruiz
Managing Partner and Abogado (spanish attorney-at-law)
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