Coronavirus News

We are committed to the health and safety of all our professionals, clients and the rest of the population.

Virtually all UHY Fay & Co professionals are working remotely  from their homes as a preventive measure. We have provided all the necessary means to guarantee continuity of service to our clients.

Our priority is to take the necessary measures to control the spread of the virus, guarantee the health and safety of our team, and to continue to provide diligently the quality services we offer to our clients.

We request our clients to contact us for any questions or queries, we will be happy to assist you by phone, e-mail and video conference on the contact details of our different offices: CONTACT US! 

For further information on the COVID19 situation in Spain you may visit the below link of the Spanish Ministry of Health.

The impact of the pandemic on the tourism sector

Only four of 25 countries analyzed in the study have reduced taxes to help tourism industry There is pressure on governments worldwide to cut taxes to help the tourism industry, with a new study by…
Precios de Transferencia en Año de Pandemia

Validation of the Transfer Pricing for the Pandemic Year

The global pandemic generated by COVID-19 is not only having a brutal impact on human lives and convalescent patients, but the economic effects on employment levels, public and private debt, business profitability, etc., will be…

Mergers & Acquisitions in times of pandemic

COVID-19 has marked 2020 by altering everyone’s daily life. Its effect has been devastating in the health field, and the direct economic consequences are already noticeable, leaving great uncertainties of its medium and long term…

Extension of ERTE due to Force Majeure

Royal Decree-Law 18/2020 of May 12 published in the Official State Gazette today, May 13, 2020, which includes the agreement reached with the social agents, to adapt the conditions of workers affected by a Force…

Lease contracts during Covid-19.

The exceptional situation in which we live as a result of the consequences of the pandemic caused by the Covid-19, has caused the cracking of normal compliance of contracts. Amongst them, those related to urban…

New tax measures to reactivate the economy and employment

Yesterday, 22 March 2020, was published in the Spanish Official Gazete the Royal Decree Law 15/2020 approving new tax urgent measures to reactivate the economic and employment in Spain. The new measures affect the following:…

Extension on certain tax returns deadlines

Tax measures approved by the government in royal decree law 14/2020, of april 14, which extends the deadline for the submission and payment of certain tax returns Due to the numerous requests urged on the…

Rebus Sic Stantibus Clause

After the Government decreed, on March 14, 2020, the State of Alarm throughout the Spanish Territory (Royal Decree 463/2020), and after the World Health Organization (WHO) declared the Coronavirus as a pandemic, many contracts that…

Deadlines to submit tax returns for the fiscal 2019

Royal Decree 465/2020, of March 17, modifies the Third Additional Provision of Royal Decree 463/2020, and establishes that “The suspension of the terms and the interruption of the administrative terms referred to in section 1…

Extraordinary urgent measures to combat COVID19

Last 18 March 2020 was published in the Spanish Official Gazete the Royal Decree Law 8/2020 approving extraordinary and urgent measures for dealing with the economic and social impact of Covid-19. RDL 8/2020 complements those…

Summary of tax measures taken to combat COVID-19

The first measures in the fight against Covid-19 were approved by Royal Decree-Law 7/2020, of March 12. Among other tax measures, this Royal Decree Law approves the possibility of deferring the payment of the withholdings,…

Legal Services COVID-19

We are fully available to provide you with our legal advice and help you to sort out any legal queries you may have regarding your commercial or business activity; not only the usual ones, but…

Business Certificate to circulate

We inform you that due to the State of Alarm decreed by the Government of Spain due to the COVID19, all workers who must move from their homes to their workplace must carry a certificate…
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