Home » HR practices » Professional development » Legal developments » National legislation » Spain: companies that relocate will have to repay public aid Spain: companies that relocate will have to repay public aid On 10 December, the Spanish government announced a bill aimed at curbing industrial relocations. Companies wishing to relocate their activities outside Spain after receiving more than €3 million in public subsidies over the previous five years will be required to repay them in full. By Cécile Thibaud. Published on 16 December 2024 à 15h29 - Update on 16 December 2024 à 15h29 Resources The anti-relocation measure is part of the Industry and Strategic Autonomy Bill ratified by the Council of Ministers on 10 December. The text, which will now be examined by parliament, stipulates that companies intending to cease their industrial activity in Spain will have to announce this nine months in advance to the country’s ministry of industry.… Cécile Thibaud Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst nameLast nameOrganizationFunctionemail* Object of the messageYour messageRGPD J’accepte la politique de confidentialité.CompanyThis field is for validation purposes and should be left unchanged. Essentials Latest articles Longer careers: a new state of affairs for companies CSRD: social and environmental reporting market takes shape Analysis & Data Latest articles Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
