Derechos literally translates to "rights" or "privileges". However, in the context of this song's title, Amigos con Derechos, it's part of a very popular slang phrase in Spanish.
"Amigos con derechos" is the direct equivalent of "friends with benefits" in English. The song explores a modern relationship where two friends share intimacy and affection without the formal commitment of being a couple, enjoying the 'rights' of a relationship without the strings attached.
"Amigos Con Derechos" translates straight to "friends with benefits," and Mexican band Reik teams up with Colombian singer Maluma to lay down the ground rules with zero hesitation. The proposal is completely upfront: nobody needs a title, and nobody has to fall in love. The chorus spells it out plainly with "Yo no te pido que seamos novios / Si siendo amigos ya nos damos de todo" ("I'm not asking you to be my girlfriend / If as friends we already give each other everything"). The singer even offers to cure her heartbreak with "todos tus despechos / Te los quitas conmigo" ("all your spite / You take it out with me"). In Spanish, despecho is that specific mix of resentment, bitterness, and wounded pride after a bad breakup, and here it becomes the perfect excuse for a casual hookup.
Maluma jumps in with a flashback to where it started: "Eran las 8 y 15 en la plaza de San Juan" ("It was 8:15 in San Juan square"). He describes her playing it cool, "como quien no quiere la cosa"—a great Spanish idiom literally meaning "like one who doesn't want the thing," which translates to acting nonchalant or pretending you don't care when you totally do. Then he drops any hint of subtlety, telling her to take off her clothes and boasting his famous tag "Yo soy tu Maluma baby" ("I am your Maluma, baby"). Between smooth pick-up lines like loaning kisses just to have a reason to get them back ("Te presto mis besos y me los devuelves") and pleading for the bedroom walls to be their only witnesses, the track is a cheeky, direct anthem for keeping things strictly off the record.