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Lowering Legal Barriers to Entry through Technology without Touching Vested Interests: The Spanish Sociedad Limitada – Nueva Empresa
Published online by Cambridge University Press: 17 November 2004
Abstract
The new Limited Liability Company – New Firm Act in Spain is analysed as a compromise between a laissez faire legislature trying to speed up the process of incorporation of companies and lowering legal barriers to entry and interest groups that make a living through the regulation of entry. The substantive review of company contracts by registrars is criticised and some proposals for deregulation are made.
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- Information
- European Business Organization Law Review (EBOR) , Volume 5 , Issue 3 , November 2004 , pp. 449 - 469
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- © T.M.C. Asser Press 2004
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