What is an Economic Interest Grouping (EIG)?

Spanish law establishes that an Economic Interest Grouping (Agrupación de Interés Económico, AIE, in Spanish) is a legal entity designed to make it easier to develop or improve activity and results for its members.

Its activity must be ancillary to that of its members, there must be a minimum of two members, and it has limited liability.

The group cannot own any shares in companies which are members of the group, either directly or indirectly, nor can it direct or control the activities of its members or third parties, either directly or indirectly.

It is a legal entity which is useful when it comes to developing audiovisual projects and can be the beneficiary of tax incentives from the country, if it complies with the following conditions