Regulatory Alerts2020-04-22
Royal Decree-Law 15/2020 of 21 April on Urgent Complementary Measures to Support the Economy and Employment
The Spanish Government issued Royal Decree-Law 15/2020 to provide urgent economic and social support following the COVID-19 pandemic, extending the state of alarm and reinforcing previous aid packages. The decree introduces measures to reduce operational costs for SMEs and self-employed individuals, including rent payment modulation, while significantly expanding financial guarantees and liquidity lines for businesses. Additionally, it implements fiscal adjustments such as a zero VAT rate for sanitary materials, flexible tax payment options, and reduced VAT rates for digital cultural goods to protect employment and ensure economic continuity.
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