The new
Law of Arbitration in Spain:
The recently passed 60/2003 law increases the power
of the arbitration system of dispute resolution.
This legal instrument, which enables the solution
of disputes without the intervention of courts or
tribunals, has not only been updated, but also given
more power in order to increase its effectiveness
as an alternative in dispute resolutions in the
world of business, which it is especially addressed
to.
Simplified Regime
of accountancy:
By the 296/2004 Royal decree, from February 20,
the simplified Regime of Accountancy is accepted.
(BOE, February 27) What is the simplified regime
of accountancy?
The simplified
regime of accountancy allows accountable subjects
who fulfil all requirements for this purpose to
choose between the use of:
- the simplified Daybook model
- the simplified Annual Statement and simplified
register standards models
Ink any case, the PGC and the other commercial legal
regulations of development over accounting matters
shall be applied, without affecting what is provided
for in the 296/2004 Royal decree with regard to
the simplified Annual Statement and simplified assessment
regulations.
Important changes in career training:
The new 1046/2003 Royal decree regulates
in a more agile and coordinated way the different
initiatives in career training, its operating and
financing. The objective of occupational training
is to provide employees with the necessary knowledge
and practice throughout their careers so that they
will meet the needs of the company at all times,
as well as to make their higher competitivity more
compatible with the improvement of the worker’s
professional qualification and individual promotion.
Through the participation in training actions, career
training will benefit, amongst others, those salaried
workers who are employed in private firms or public
companies and contribute to National Insurance by
way of career training. Discontinuous full-time
workers will also be allowed to take part in non-occupational
periods. |
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