The party was legally constituted and registered in the Registry of Parties of the Ministry of the Interior in March 1999 after splitting with the party Falange Española de las JONS following internal conflict between the factions of Diego Márquez Horrillo and Gustavo Morales resulting in the faction supporting Morales departing from the party. In the 1999 elections the party gained three town councillors. In 200-2011 the party became more xenophobic.

In 2005 the party split into two factions, the National Front and Frente Español. National front was led by José Fernando Cantalapiedra and Frente Español by Manuel Andrino. From 2005 to 2009 the two factions ran under separate names in elections until a court in 2009 ruled in favour of Frente Español who resumed the use of the party name.

La Falange is a declared continuator of the ideas inspired by its founders, José Antonio Primo de Rivera, Ramiro Ledesma Ramos, Onésimo Redondo and Julio Ruiz de Alda, among others.

Since the October 2006 Congress the party has been lead by Manuel Andrino, who has been affiliated with Falange since 1978. In 2013 Andrino was sentenced to three years from jail by the Supreme Court for the assault on the Cultural Center Blanquerna of the Generalitat of Catalonia in Madrid on the National Day of Catalonia.

This party advocates the unity of Spain, is stands against immigration and abortion and calls for the repeal of the Historical Memory law.

La Falange has a youth branch, Juventudes Falangistas de España (JFE), whose national head is Fernando Maqueda. The party also has a student union association, the Sindicato Español Universitario (SEU).

The party has delegations in numerous cities of the State, but it is in Madrid where it has the greatest representation. Every year, on November 20, they do a night march with torches from Genova street, in Madrid, to the Valle de los Caídos, where José Antonio Primo de Rivera is buried. Also in that month he celebrates an act in the Aravaca Cemetery (Madrid) in tribute to Ramiro Ledesma Ramos.

Since 2013 the party has been part of the political movement La España en Marcha (LEM), which inspired by Golden Dawn in Greece.