Royal Decree-Law 15/2020: main legal consequences for businesses
The Spanish Council of Ministers has approved Royal Decree-Law 15/2020, on 21st April, adopting a new set of additional emergency measures to support the economic and employment (“RDL 15/2020).
27 April, 2020
This document from Cuatrecasas analyses the main consequences for businesses arising from the set of measures approved under RDL 15/2020:
- Deferral of non-residential property lease payments
- Measures aimed at providing liquidity to companies
- Moratorium period for debts
- Tax measures
- Employment and social security measures
- Measures concerning public procurement
- Measures affecting ports
- Exceptional provision concerning vested rights in pension plans and other social welfare systems
- Extensions to the deadlines to submit certain reports within the supervisory framework of the Spanish Directorate-General for Insurance and Pension Funds
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