Spain’s Import Reverse Charge and Monthly VAT Refund: A Cost-Saving Advantage

• Spain offers advantages for importing goods through its reverse charge system
• The reverse charge system helps reduce financial costs
• The Monthly VAT Refund system allows for cash savings and quicker VAT refunds
• Registration with Spanish authorities must be done by 30/11/2023 to benefit from these advantages.

Source: asd-int.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.