Key data
| Regulation | Ley 1/2026, de 25 de febrero, de la Generalitat, de creación del Ilustre Colegio de Economistas de València |
|---|---|
| BOE Publication | 4 April 2026 |
| Entry into force | 25 February 2026 |
| Those affected | Economists practising in the Comunitat Valenciana and businesses that engage their services |
| Category | Regulatory Changes |
| Body created | Ilustre Colegio de Economistas de València |
| Legal nature | Public law corporation with its own legal personality |
| Territorial scope | Comunitat Valenciana |
Economists practising in the Comunitat Valenciana have had, since 25 February 2026, their own new professional body: the Ilustre Colegio de Economistas de València, created by Ley 1/2026 de la Generalitat Valenciana. The regulation establishes mandatory membership to practise the profession within the autonomous territory and transfers regional management from the Consejo General de Economistas to this new public law corporation.
The measure responds to the regional government's competence in matters of professional associations and seeks representation that is closer to the needs of the Valencian business community. For professionals and for the businesses that engage them, the change is immediate and operational.
What does this regulation establish?
Ley 1/2026 regulates the following elements of the new professional association:
| Regulated element | Content |
|---|---|
| Official name | Ilustre Colegio de Economistas de València |
| Legal nature | Public law corporation with its own legal personality |
| Territorial scope | Comunitat Valenciana |
| Purposes | Representation, regulation and defence of the economics profession in the Comunitat |
| Governance structure | Defined in the law itself (own governing bodies) |
| Membership regime | Mandatory for the professional practice of economics in the Comunitat Valenciana |
| Regional management | Separate from the Consejo General de Economistas in terms of representation and regional management |
| Areas managed | Membership processes, fees, services and institutional representation |
The creation of this association does not abolish the Consejo General de Economistas at the national level, but it does shift regional management to the new Valencian body. Economists who previously managed their membership exclusively through national structures now have their own point of contact in the Comunitat.
Economic and operational impact
The most direct impact is operational: membership in the new body becomes the legal requirement to practise the profession in the Comunitat Valenciana. This entails changes on several fronts:
- Membership fees: The new association will set its own fees, which may differ from those professionals had been paying under the previous structure. Economists must pay close attention to the financial conditions established by the new body.
- Membership processes: Registration, deregistration and data modification procedures will be managed through the Ilustre Colegio de Economistas de València, not through the Consejo General de Economistas for the regional scope.
- Professional services: Training, advisory, report endorsement and institutional representation services will fall under the new association within the Valencian scope.
- Institutional representation: The new association will be the point of contact with the Generalitat Valenciana and other regional institutions on all matters relating to the economics profession.
For businesses that engage economists, the impact is indirect but significant: they must ensure that the professionals they work with comply with the new membership obligation, as the legal validity of professional practice in the Comunitat depends on it.
Who is affected?
- Economists practising in the Comunitat Valenciana: Direct obligation to register with the Ilustre Colegio de Economistas de València in order to practise legally.
- Economists practising in other regions but providing services in Valencia: They must review whether their activity in the Comunitat Valenciana requires them to register with the new body.
- Businesses that engage economists in Valencia: They must verify that their suppliers or employed economists comply with the new membership obligation.
- Economic and financial advisory firms based or operating in the Comunitat Valenciana: Affected both by the membership of their professionals and by changes in services and professional representation.
- CFOs and finance directors who are registered economists: If they practise in Valencia, they must verify their status with respect to the new association.
- Tax advisors and economic consultants with an economics qualification: Affected by the membership obligation if they practise within the territorial scope of the Comunitat Valenciana.
Practical example
An economist who until now has been registered through the Consejo General de Economistas and carries out their professional activity in Valencia — whether as a self-employed professional, in an advisory firm or as an employee of a company — must now manage their membership through the Ilustre Colegio de Economistas de València.
This means they will need to:
- Contact the new association to find out about the registration process and membership conditions.
- Find out about the fees set by the new body, which may differ from those they had previously been paying.
- Manage through the new association any procedure that was previously carried out via the Consejo General de Economistas for the Valencian scope (report endorsement, membership certificates, access to services, etc.).
Similarly, a Valencian company that engages an external economist to prepare economic reports or provide financial advisory services must request from the professional a membership certificate from the Ilustre Colegio de Economistas de València, as this document certifies that the professional practice is legal in the Comunitat.
What should businesses do now?
- Identify the economists linked to your company: Both employees with an economics qualification and external advisors providing services in the Comunitat Valenciana.
- Verify their membership status: Check whether they are already registered with the Ilustre Colegio de Economistas de València or whether they need to begin the registration process with the new body.
- Request up-to-date membership certificates: For the external economists you work with, request the certificate confirming membership with the new Valencian association.
- Review professional services contracts: If you have contracts with advisory firms or economic consultants, verify that they include the obligation to maintain current membership with the competent body.
- Stay informed about the conditions of the new association: The fees, services and processes of the Ilustre Colegio de Economistas de València may differ from the previous ones. Contact the new body directly to find out the applicable conditions.
Frequently asked questions
Is it mandatory to register with the new Colegio de Economistas de València to practise?
Yes. Ley 1/2026 establishes a mandatory membership regime for all economists who carry out their professional activity in the Comunitat Valenciana. Without membership in this new body, professional practice will not be legally covered within the autonomous territory.
When does Ley 1/2026 on the Colegio de Economistas de València come into force?
Ley 1/2026, of 25 February, entered into force on 25 February 2026, although it was published in the BOE on 4 April 2026.
Does the new Colegio de Economistas de València replace the Consejo General de Economistas?
It does not replace it at the national level. The Ilustre Colegio de Economistas de València takes over the regional management of membership in the Comunitat Valenciana, separating from the Consejo General de Economistas in terms of representation and regional management. The Consejo General continues to exist at the national level.
What aspects does the new Colegio de Economistas de València manage?
According to Ley 1/2026, the new association manages membership processes, membership fees, services to professionals and the institutional representation of economists in the Comunitat Valenciana.
Does this law affect businesses that engage economists in Valencia?
Yes. Businesses that engage the services of economists in the Comunitat Valenciana must verify that those professionals are registered with the Ilustre Colegio de Economistas de València, as membership is a requirement for the legal practice of the profession in the region.
Official source
View the full regulation at the official source
Disclaimer: This article is for informational purposes only and does not constitute legal advice. For specific decisions, please consult a qualified professional. Source: https://www.boe.es/diario_boe/txt.php?id=BOE-A-2026-7638