Startups & Open Innovation



  • Spain - Startups Law: new tax regime for startups defined

    The new law has also added flexibility to the special regime for workers assigned abroad, enhanced the tax treatment of carried interest from the management of private equity entities and set out new rules on the obligation to disclose corporate income tax information.
  • Spain: The Startups Law regulates international remote working for foreign digital nomads

    The law defines international remote working for carrying out professional or labor activities and the relevant visa requirements and residency authorizations.
  • Unicorns vs camels: Startups able to survive in hard times are finding a place

  • Regulatory news in Brazil's financial and payment systems foster competition and financial innovation

  • Startup due diligences prior to the entry of an investor: what are the consequences and what preparations are needed

  • Digital Services Act: The European Commission proposes a new regulatory framework for the Internet

    The European Commission has just published its proposal to regulate digital services in two texts which even it considers ambitious: the Proposal for a Regulation on Digital Markets (analyzed here) and the  Proposal on a Regulation for Digital Services (DSA) which we address below. In forthcoming articles, we will take a close look at the many changes that lie ahead. Today, by way of introduction, we provide a summary of the main obligations (and rights) contained in the Proposal for a Regulation on Digital Services.
  • Are you an entrepreneur? These are the personal income tax (IRPF) central government and autonomous community incentives available

    The personal income tax legislation allows credits to be applied against the tax payable by individuals who make investments either directly or through a legal entity (e.g. through the formation of companies, capital increases, etc.).
  • Startups and debt (VI): Vendor finance, crowdfunding loans and initial trade offerings

    In the previous five articles in this series (see here) we saw the reasons and setbacks associated with startups’ exclusive dependence on equity, and the advantages of debt, in what is also a favorable scenario for debt. We saw the difficulty to provide general recipes for getting debt and a few not very promising routes for startups. And looked at venture debt as a suitable mechanism for startups. Together with discussing the importance of security interests and of thinking up ways of using new intangibles, and in the latest article we suggested pledges of future revenues.
  • Startups and debt (V): Security interests in future business revenues

    In the previous four articles in this series (see here) we looked at the key role of professional investors at startups, though also at the setbacks of the exclusive dependence of these types of companies on equity and the advantages debt would have for them. The environment, as we saw, is also a favorable one for borrowing. We described the difficulty to provide general recipes for getting debt and a few not very promising routes. In search of more successful mechanisms, we examined venture debt as a suitable route for startups. Our latest article researched routes going beyond venture debt and determined in particular the importance of security interests for raising debt. In view of the characteristic structure of startups’ balance sheets we also saw the need to find innovative security interests within the reach of these companies, especially in certain new types of intangibles.
  • Financing of startups in times of COVID-19: what public aid are they eligible for in Portugal?

    In the current situation, obtaining finance can be key for many startups, both to cover cash needs and to be able to implement new growth projects. Therefore, it is essential to identify the public or private aid which is available to entrepreneurs. In this case, we analyze the public aid that can be found in Portugal.