Company administration refers to the steps that must be completed in order to establish the internal structure of the company, as well as its management. This aspect is necessary for alltypes of companies available in Spain, as prescribed by the local legislation. The investors will have to set up the board of directors, to appoint the company’s secretary, establish internal rules and regulations applicable in particular situations. Such procedures are necessary for a proper functioning of a Spanish company and, moreover, they are important for achieving various business goals.Our team of lawyers in Spain can offer more details on how to set up the administration of the company.
Organizational structure in a Spanish company
Companies operating in Spain are organized under a certain structure, which basically sets up the hierarchy in the respective company. The organizational structure can depend upon the size of the company, the number of employees, its departments, but it can also vary based upon the company’s business objectives. Our team of attorneys in Spain can offer more information on this subject.
The structure provides a clear image on the main pillars of decision in a company and it designates the way in which the roles are set up.
The following video offers a short presentation on the company administration in Spain:
Each company can be set up in two different manners:
In the situation of a centralized structure, the decisions referring to any corporate matters are taken by the individuals who represent the top management.
In a decentralized structure, each of the company’s departments will have the right to decide upon a specific subject.
Federico Richardson is a lawyer experienced in dealing with international clients interested in doing business in Spain especially in corporate and real estate sectors. He is a graduate of the University of Navarra, took part in various businesses and now he coordinates the engagements at Lexidy Law Boutique SLP. Contact us for details
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