{"id":6854,"date":"2021-03-29T08:34:00","date_gmt":"2021-03-29T06:34:00","guid":{"rendered":"https:\/\/merac.es\/?p=6854"},"modified":"2025-10-09T08:13:49","modified_gmt":"2025-10-09T06:13:49","slug":"escision-empresas-requisitos-implicaciones-legales-fiscales","status":"publish","type":"post","link":"https:\/\/merac.es\/en\/escision-empresas-requisitos-implicaciones-legales-fiscales\/","title":{"rendered":"Demerger of companies: legal and tax requirements and implications"},"content":{"rendered":"<p>It is increasingly common to hear about restructuring operations and, in particular, the so-called spin-off operations, but what is a spin-off? And when is it advisable to carry out this type of operation?<\/p>\r\n<p>Si necesitas asesoramiento, nuestros <a href=\"https:\/\/merac.es\/en\/servicios\/abogados-mijas\/\"><strong>abogados en Mijas<\/strong><\/a> y <strong><a href=\"https:\/\/merac.es\/en\/servicios\/abogados-en-benalmadena\/\">abogados en Benalm\u00e1dena<\/a><\/strong> de MERAC Legal &amp; Tax Lawyers est\u00e1n a tu disposici\u00f3n.<\/p>\r\n\r\n\r\n\r\n<p>Throughout this article, we will analyse the so-called spin-off operations in order to gain a deeper understanding of them, as well as the causes that could lead to this type of restructuring operation.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"h-1-qu-es-una-operaci-n-de-escisi-n\">1. What is a spin-off operation?<\/h2>\r\n\r\n\r\n\r\n<p>A demerger can be defined as an operation whereby the <strong>divides all or part of a company's assets in order to transfer<\/strong>without liquidation, the <strong>resulting share to other pre-existing companies or companies created for this purpose<\/strong>.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"h-2-tipos-de-escisi-n\">2. Types of division<\/h2>\r\n\r\n\r\n\r\n<p>There are <strong>different modalities<\/strong> of excision:<\/p>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\" id=\"h-escisi-n-total\">Total excision:<\/h3>\r\n\r\n\r\n\r\n<p>In this case, the <strong>termination of the company by the division of its assets into two or more parts<\/strong>each of which is <strong>transmitted en bloc by universal succession<\/strong>l to a <strong>existing or newly created company<\/strong>, <strong>the partners receive a number of shares or holdings in the beneficiary companies in proportion to their holdings<\/strong> in the splinter society.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"608\" height=\"185\" class=\"wp-image-6863\" src=\"http:\/\/merac.es\/wp-content\/uploads\/2021\/03\/Escision-total.jpg\" alt=\"\" srcset=\"https:\/\/merac.es\/wp-content\/uploads\/2021\/03\/Escision-total.jpg 608w, https:\/\/merac.es\/wp-content\/uploads\/2021\/03\/Escision-total-300x91.jpg 300w\" sizes=\"(max-width: 608px) 100vw, 608px\" \/>\r\n<figcaption>Full Demerger Scheme - MERAC Legal &amp; Tax Lawyers<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\" id=\"h-escisi-n-parcial\">Partial excision:<\/h3>\r\n\r\n\r\n\r\n<p>The <strong>transfer en bloc by universal succession of one or more parts of the assets and liabilities of a company<\/strong>, <strong>each<\/strong> of which <strong>forms an economic unit<\/strong>, a <strong>one or more newly created or already existing companies<\/strong>receiving the <strong>shareholders of the company being spun off a number of shares in the receiving companies<\/strong> of the split <strong>proportional <\/strong>to their respective <strong>participation in the split-off company<\/strong> y <strong>by reducing the share capital by the necessary amount<\/strong>.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"607\" height=\"190\" class=\"wp-image-6864\" src=\"http:\/\/merac.es\/wp-content\/uploads\/2021\/03\/Escision-parcial.jpg\" alt=\"\" srcset=\"https:\/\/merac.es\/wp-content\/uploads\/2021\/03\/Escision-parcial.jpg 607w, https:\/\/merac.es\/wp-content\/uploads\/2021\/03\/Escision-parcial-300x94.jpg 300w\" sizes=\"(max-width: 607px) 100vw, 607px\" \/>\r\n<figcaption>Partial Demerger Scheme - MERAC Legal &amp; Tax Lawyers<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\" id=\"h-segregaci-n\">Segregation<\/h3>\r\n\r\n\r\n\r\n<p>It is the <strong>en bloc transfer by universal succession<\/strong> from <strong>one or more parts<\/strong> of a company's assets, <strong>each<\/strong> of which <strong>forms an economic unit<\/strong>, a <strong>one or more companies<\/strong>, <strong>receiving<\/strong> in return the <strong>hived-off company shares\/participations of the beneficiary companies<\/strong>.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"457\" height=\"346\" class=\"wp-image-6865\" src=\"http:\/\/merac.es\/wp-content\/uploads\/2021\/03\/segregacion.jpg\" alt=\"\" srcset=\"https:\/\/merac.es\/wp-content\/uploads\/2021\/03\/segregacion.jpg 457w, https:\/\/merac.es\/wp-content\/uploads\/2021\/03\/segregacion-300x227.jpg 300w\" sizes=\"(max-width: 457px) 100vw, 457px\" \/>\r\n<figcaption>Segregation Scheme - MERAC Legal &amp; Tax Lawyers<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"h-3-motivos-para-llevar-a-cabo-una-escisi-n\">3) Reasons for division<\/h2>\r\n\r\n\r\n\r\n<p>There are numerous reasons and circumstances that may lead a company to carry out a demerger, however, some of the most common could be listed below:<\/p>\r\n\r\n\r\n\r\n<p>There are numerous reasons and circumstances that may lead a company to carry out a demerger, however, some of the most common could be listed below:<\/p>\r\n\r\n\r\n\r\n<p>1.<strong>Strategic decisions<\/strong> which entail the separation of the different branches of activity of a company in order to:<\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li>Having a <strong>further specialisation<\/strong> of each of the resulting companies.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>Diversifying risks<\/strong>The assets of, for example, a particular activity in a company are not liable for other activities of that company.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>Implementing better policies<\/strong> in each of the branches (i.e. commercial, business policies, etc.).<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>Decentralising secondary activities<\/strong>.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul type=\"a\">\r\n<li><strong>Separate cash flows<\/strong> and improve investments per business line or activity.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>Optimising profitability<\/strong> of each activity.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>More rational organisational structure<\/strong> to allow for more independent, autonomous and professional management of the various branches of activity.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>2. <strong>Reducing the economic dimensions<\/strong> to eliminate interference, e.g. from the complexity of running a large company<\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>3. <strong>Serious disagreements or disagreements between partners<\/strong> (i.e. conflicting heirs or founders).<\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>4. <strong>Facilitating the entry of new partners<\/strong> in one of the company's branches of activity.<\/p>\r\n\r\n\r\n\r\n<p>5. <strong>Escape from certain legal provisions related to the size of the company.<\/strong><\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"h-4-el-r-gimen-fiscal-especial-existencia-de-motivo-econ-mico-v-lido\">4) The special tax scheme: existence of a valid economic ground<\/h2>\r\n\r\n\r\n\r\n<p>In addition, in order to be able to apply the special tax regime of Chapter VII of Title VII of the Corporate Income Tax Act, as we have already seen in our <a href=\"https:\/\/merac.es\/en\/regimen-fiscal-especial-reestructuraciones-empresas\/\">previous posts<\/a>In this case, there needs to be a valid economic business reason other than tax savings.<\/p>\r\n\r\n\r\n\r\n<p>In particular, Article 89.2 of the SI Act provides that \".<em>The arrangements provided for in this Chapter shall not apply where the main purpose of the transaction carried out is tax evasion or tax avoidance.<\/em>\".<\/p>\r\n\r\n\r\n\r\n<p>In short, this requires that the vehicle giving rise to the restructuring be a valid economic reason, such as those mentioned above, and <strong>never merely for the purpose of obtaining a tax advantage.<\/strong><\/p>\r\n\r\n\r\n\r\n<p>In short, as the Directorate General for Taxation frequently points out in binding consultations \".<em>The rationale of the scheme is that <strong>taxation should be neither a brake nor an incentive for companies to take decisions on reorganisation operations<\/strong>where the cause for doing so is based on valid economic motives, in which case taxation is intended to play a neutral role\".<\/em><\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"h-5-requisitos-fiscales-de-la-escisi-n\">5) Tax requirements of the division<\/h2>\r\n\r\n\r\n\r\n<p>There are two ways of applying the special tax regime to a demerger operation:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li>Carrying out a <strong>total division<\/strong> in which the assets of the spun-off company must be divided proportionally (without having to correspond to the branch of activity) and shares must be attributed to the shareholders in the new acquiring companies on a proportional basis. This is known as <strong>proportional full excision<\/strong>.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>However, if a company is completely split up and the shareholders are allocated shares in the new companies on a non-proportional basis, this would be a situation of <strong>non-proportional full demerger that cannot benefit from the tax neutrality regime.<\/strong><\/p>\r\n\r\n\r\n\r\n<p>This would occur, for example, in the case of the spin-off of a company with a single activity (i.e. the rental of real estate) and which intends to attribute the assets to two new companies (which will carry out the same activity as the spun-off entity) and assign to each partner shares in only one of the spun-off entities. This would be a total non-proportional spin-off which would not be able to apply the special tax regime.<\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li>Or make a <strong>partial excision which need not necessarily be proportional<\/strong> and which requires splitting by branch of activity.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>In this case, as the company's assets are divided into branches of activity, the tax system does allow shares to be attributed to the shareholders on a basis that is not proportional to what would have corresponded in accordance with the shareholding in the company being spun off. This would be a non-proportional partial spin-off.<\/p>\r\n\r\n\r\n\r\n<p>These methods of demerger meet a \"proportionality\" standard, which can be of two kinds:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>Quantitative proportionality<\/strong>It implies that the proportion should be set according to the real value of the respective assets and liabilities of the company being spun-off and the recipient companies, so that the shareholder of the spun-off entity should receive shares in all recipient companies equal to the real economic value of its shareholding being spun-off.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><strong>Qualitative proportionality<\/strong>It implies that the partners of the spun-off company must receive the same proportion of shares in the beneficiary companies as they had in the capital of the spun-off company.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>It is only when both proportionalities meet that we have a full proportional split. However, in 2019, <strong>the European Commission called on Spain to amend the internal implementation of the tax regime to bring it into line with Directive 2009\/133\/EC.<\/strong> and allow that the division can be carried out according to a \"proportional rule\" which can only be quantitative.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"h-6-implicaciones-de-la-escisi-n-en-el-iva\">6) VAT implications of the split-off<\/h2>\r\n\r\n\r\n\r\n<p>Although the special tax regime may be applicable to the spin-off operation (even if there is no branch of activity), it is important to note that for the spin-off operation not to be subject to VAT, <strong>the part being divided must constitute an \"autonomous economic unit\".<\/strong>This concept does not necessarily coincide with that of branch of activity.<\/p>\r\n\r\n\r\n\r\n<p>In order for an autonomous economic unit to exist within the meaning of Article 7 of the VAT Act, there must be an <strong>set of corporeal and incorporeal elements<\/strong> which form part of the business assets of the taxable person, provided that \"....<strong><em>constitute an autonomous economic unit capable of engaging in a business or professional activity by its own means<\/em><\/strong>\".<\/p>\r\n\r\n\r\n\r\n<p>Therefore, the taxation of the spin-off for VAT purposes and for corporate income tax or personal income tax purposes must be analysed separately, depending on the status of the shareholder.<\/p>\r\n\r\n\r\n\r\n<p>In any case, it is always advisable for the company to seek advice and carry out an in-depth legal and tax analysis before undertaking such complex transactions, in order to avoid problems in the future.<\/p>\r\n\r\n\r\n\r\n<p>En MERAC legal &amp; tax lawyers tenemos una dilatada experiencia en la realizaci\u00f3n de este tipo de operaciones en caso de que precisen asesoramiento al respecto, gracias a nuestros <a href=\"https:\/\/merac.es\/en\/\">abogados en M\u00e1laga<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u00bfQu\u00e9 es una escisi\u00f3n? Y, \u00bfcu\u00e1ndo es recomendable llevar a cabo este tipo de operaciones?\u00bfqu\u00e9 requisitos debe reunirse y qu\u00e9 implicaciones legales y fiscales tiene?<\/p>","protected":false},"author":6,"featured_media":6868,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,32,24,14,33,17],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Escisi\u00f3n de empresas: requisitos e implicaciones legales y fiscales | MERAC Legal &amp; Tax Lawyers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/merac.es\/en\/escision-empresas-requisitos-implicaciones-legales-fiscales\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Escisi\u00f3n de empresas: requisitos e implicaciones legales y fiscales | MERAC Legal &amp; Tax Lawyers\" \/>\n<meta property=\"og:description\" content=\"\u00bfQu\u00e9 es una escisi\u00f3n? Y, \u00bfcu\u00e1ndo es recomendable llevar a cabo este tipo de operaciones?\u00bfqu\u00e9 requisitos debe reunirse y qu\u00e9 implicaciones legales y fiscales tiene?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/merac.es\/en\/escision-empresas-requisitos-implicaciones-legales-fiscales\/\" \/>\n<meta property=\"og:site_name\" content=\"MERAC Legal &amp; Tax Lawyers\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-29T06:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-09T06:13:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/merac.es\/wp-content\/uploads\/2021\/03\/MERAC-ESCISION-e1617493013976.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"420\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mercedes Nieto Guindo - Abogada especializada en Derecho Mercantil\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mercedes Nieto Guindo - Abogada especializada en Derecho Mercantil\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/merac.es\/escision-empresas-requisitos-implicaciones-legales-fiscales\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/merac.es\/escision-empresas-requisitos-implicaciones-legales-fiscales\/\"},\"author\":{\"name\":\"Mercedes Nieto Guindo - Abogada especializada en Derecho Mercantil\",\"@id\":\"https:\/\/merac.es\/#\/schema\/person\/323a7e8aff0701320da9bbf00ab24ed2\"},\"headline\":\"Escisi\u00f3n de empresas: requisitos e implicaciones legales y fiscales\",\"datePublished\":\"2021-03-29T06:34:00+00:00\",\"dateModified\":\"2025-10-09T06:13:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/merac.es\/escision-empresas-requisitos-implicaciones-legales-fiscales\/\"},\"wordCount\":1633,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/merac.es\/#organization\"},\"articleSection\":[\"Blog\",\"Fusiones y adquisiciones - M&amp;A\",\"Mercantil\",\"Publicaciones\",\"Reestructuraciones e insolvencias\",\"Tributario\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/merac.es\/escision-empresas-requisitos-implicaciones-legales-fiscales\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/merac.es\/escision-empresas-requisitos-implicaciones-legales-fiscales\/\",\"url\":\"https:\/\/merac.es\/escision-empresas-requisitos-implicaciones-legales-fiscales\/\",\"name\":\"Escisi\u00f3n de empresas: requisitos e implicaciones legales y fiscales | MERAC Legal &amp; 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Breve biograf\u00eda profesional: Mercedes Nieto es Abogada y Economista y socia del Departamento Mercantil e Inmobiliario de MERAC LEGAL & TAX LAWYERS. Comienza su carrera profesional en el Departamento Mercantil de Garrigues y posteriormente se traslada a Qatar, para trabajar en una empresa constructora, hasta su incorporaci\u00f3n al Departamento de Mercantil de KPMG Abogados. En 2018, se une a una firma de abogados en Marbella como responsable del departamento mercantil, hasta su incorporaci\u00f3n como Socia a MERAC LEGAL & TAX LAWYERS. Est\u00e1 especializada en Derecho Mercantil-Societario, Fusiones y Adquisiciones (M&A), Inmobiliario, contrataci\u00f3n nacional e internacional y Civil. Ha participado en operaciones de M&A e Inmobiliarias en sectores de todo tipo, habiendo sido reconocida por su labor de abogada en el \u00e1rea de Derecho Mercantil y Fusiones y Adquisiciones por \u201cBest Lawyers International\u201d, siendo en 2020 galardonada con el premio a mejor abogada en dicha \u00e1rea, y nominada en los a\u00f1os 2021, 2022, 2023 y 2024. Formaci\u00f3n acad\u00e9mica: licenciada en Derecho y Administraci\u00f3n y Direcci\u00f3n de Empresas. Master Executive Derecho Empresarial. Experiencia destacada: Est\u00e1 especializada en Derecho Mercantil-Societario, Fusiones y Adquisiciones (M&A), Inmobiliario, contrataci\u00f3n nacional e internacional y Civil. Ha intervenido activamente en la realizaci\u00f3n de numerosas operaciones de reestructuraci\u00f3n empresarial y acuerdos de inversi\u00f3n, tanto a nivel nacional como internacional (i.e. fusiones, escisiones, segregaciones, cesi\u00f3n de activos). Ha participado, asimismo, en operaciones de primer nivel de adquisici\u00f3n de sociedades y en numerosos procesos de due diligence sobre sociedades de diversos sectores de actividad. De la misma forma, desarrolla su labor profesional tambi\u00e9n en otras \u00e1reas del Derecho con incidencia directa e indirecta en la empresa (Derecho Civil; Inmobiliario; Derecho de la Propiedad Intelectual, Industrial y Marcas; Negociaci\u00f3n extrajudicial; Procesal y Concursal Premios, certificaciones o asociaciones: Galardonada con el precio a la mejor abogada en el \u00e1rea de Derecho Mercantil y Fusiones y Adquisiciones por \u201cBest Lawyers International\u201d, en la edici\u00f3n de 2020 y nominada en esa misma categor\u00eda en los a\u00f1os 2021, 2022, 2023 y 2024.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/\"],\"url\":\"https:\/\/merac.es\/en\/author\/mercedes-nieto\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Escisi\u00f3n de empresas: requisitos e implicaciones legales y fiscales | MERAC Legal &amp; Tax Lawyers","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/merac.es\/en\/escision-empresas-requisitos-implicaciones-legales-fiscales\/","og_locale":"en_GB","og_type":"article","og_title":"Escisi\u00f3n de empresas: requisitos e implicaciones legales y fiscales | MERAC Legal &amp; Tax Lawyers","og_description":"\u00bfQu\u00e9 es una escisi\u00f3n? 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Breve biograf\u00eda profesional: Mercedes Nieto es Abogada y Economista y socia del Departamento Mercantil e Inmobiliario de MERAC LEGAL & TAX LAWYERS. Comienza su carrera profesional en el Departamento Mercantil de Garrigues y posteriormente se traslada a Qatar, para trabajar en una empresa constructora, hasta su incorporaci\u00f3n al Departamento de Mercantil de KPMG Abogados. En 2018, se une a una firma de abogados en Marbella como responsable del departamento mercantil, hasta su incorporaci\u00f3n como Socia a MERAC LEGAL & TAX LAWYERS. Est\u00e1 especializada en Derecho Mercantil-Societario, Fusiones y Adquisiciones (M&A), Inmobiliario, contrataci\u00f3n nacional e internacional y Civil. Ha participado en operaciones de M&A e Inmobiliarias en sectores de todo tipo, habiendo sido reconocida por su labor de abogada en el \u00e1rea de Derecho Mercantil y Fusiones y Adquisiciones por \u201cBest Lawyers International\u201d, siendo en 2020 galardonada con el premio a mejor abogada en dicha \u00e1rea, y nominada en los a\u00f1os 2021, 2022, 2023 y 2024. Formaci\u00f3n acad\u00e9mica: licenciada en Derecho y Administraci\u00f3n y Direcci\u00f3n de Empresas. Master Executive Derecho Empresarial. Experiencia destacada: Est\u00e1 especializada en Derecho Mercantil-Societario, Fusiones y Adquisiciones (M&A), Inmobiliario, contrataci\u00f3n nacional e internacional y Civil. Ha intervenido activamente en la realizaci\u00f3n de numerosas operaciones de reestructuraci\u00f3n empresarial y acuerdos de inversi\u00f3n, tanto a nivel nacional como internacional (i.e. fusiones, escisiones, segregaciones, cesi\u00f3n de activos). Ha participado, asimismo, en operaciones de primer nivel de adquisici\u00f3n de sociedades y en numerosos procesos de due diligence sobre sociedades de diversos sectores de actividad. De la misma forma, desarrolla su labor profesional tambi\u00e9n en otras \u00e1reas del Derecho con incidencia directa e indirecta en la empresa (Derecho Civil; Inmobiliario; Derecho de la Propiedad Intelectual, Industrial y Marcas; Negociaci\u00f3n extrajudicial; Procesal y Concursal Premios, certificaciones o asociaciones: Galardonada con el precio a la mejor abogada en el \u00e1rea de Derecho Mercantil y Fusiones y Adquisiciones por \u201cBest Lawyers International\u201d, en la edici\u00f3n de 2020 y nominada en esa misma categor\u00eda en los a\u00f1os 2021, 2022, 2023 y 2024.","sameAs":["https:\/\/www.linkedin.com\/"],"url":"https:\/\/merac.es\/en\/author\/mercedes-nieto\/"}]}},"_links":{"self":[{"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/posts\/6854"}],"collection":[{"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/comments?post=6854"}],"version-history":[{"count":3,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/posts\/6854\/revisions"}],"predecessor-version":[{"id":9015,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/posts\/6854\/revisions\/9015"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/media\/6868"}],"wp:attachment":[{"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/media?parent=6854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/categories?post=6854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/tags?post=6854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}