SPAINLAWYER — International Lawyers in Spain
Corporate

Corporate governance in Spain

Governance is where foreign groups are most exposed in Spain: director liability is personal and real, and formalities that look bureaucratic have substantive effect.

Who this is for

  • Directors of Spanish entities
  • Foreign parent companies
  • Investors with board seats

Director duties and liability

Personal exposure, including in distress situations, and how to manage it.

Powers of attorney

Who can bind the company, for what, and how to revoke cleanly.

Corporate calendar

Accounts approval, filings and minute books kept in order.

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Frequently asked questions

What is the risk for a non-resident director?
The same duties apply regardless of residence, and liability can be personal. Distance is not a defence, so delegation must be structured properly.