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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

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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.

Type
Articles
Copyright
© T.M.C. Asser Press 2004

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