Pursuant to the Spanish Corporations Act a Limited Liability Company (in Spanish: “Sociedad de Responsabilidad Limitada”) and a Joint Stock Corporation (in Spanish: “Sociedad Anónima”) may adopt any of the following organizational structures:
- A Sole Director (in Spanish: “Administrador Único”) only.
- 2 or more Joint and Several Directors (in Spanish: “Administradores Solidarios”) only.
- 2 or more* Joint Directors (in Spanish: “Administradores Mancomunados”) only.
- A Board of Directors (in Spanish: “Consejo de Administración”) only.
*Joint Stock Corporations must have 2 Joint Directors whereas Limited Liability Companies can have 2 or more Joint Directors.
Please see, respectively, “Sole Director”, “Joint and Several Directors”, “Joint Directors” and “Board of Directors” in the left side menu for a more in-depth description of each structure, including how to change the respective board members.
Benow Partners has provided all input about changing board members in Spain. We are a multi-disciplinary, dynamic, rigorous and approachable law firm with a strong international experience in numerous jurisdictions. We advise our clients in almost all areas of Law and identify ourselves with their projects and interests. We look for the highest efficiency for the client and we expect to build long-term relationships, adding value to their activities.
For more information about Benow Partners and changing board members in Spain, please use the below contacts:TEL: +34 91 837 12 40