New legal regime regulating structural changes in commercial companies

On July 29th, Royal Decree-Law 5/2023, of June 28th, came into force, which approves a new regulation integrating the structural changes of domestic and cross-border commercial companies. In this way, in addition to complying with the incorporation of the European Mobility Directive 2019/2021 into the Spanish legal system, Law 3/2009, of April 3, 2009, is repealed.
Among the most important new features of this new regulation are the procedure and the regime for the protection of partners and creditors, both in internal operations between Spanish companies and cross-border companies located within and outside the European Economic Area.


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