ANNOUNCEMENT 18 Mar 2010In March 2010, the government of Spain announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
The 2010 audiovisual law
Investment Map by the International Trade Centre:
On 18 March 2010, the Spanish government passed a new audiovisual law. With the new provisions, a single entity from outside the EU may possess only up to 25% of share capital in an audivisual services company. Furthermore, the total ownership share of non-EU entities must be less than 50%. (art. 25(4) of the law)
The law came into force on 31 March 2010.
The list of affected trading partners was based on the FDI inflows compiled by the International Trade Center for the sector "Post and communications". Since the data was available only for the year 2010 and specified solely the United States, only this country has been listed as an affected trading partner.