Spain
Spain is one of the 27 Member States of the European Union.
Basic VAcTs
| Latest update | 01.06.2024 |
| Country ISO Code | ES |
| EU Member State | Yes |
| VAT Rates | |
| Standard VAT Rate | 21% |
| Reduced VAT Rate | 10% |
| Special Reduced VAT Rate |
4% + 5% |
| VAT Compliance | |
| Standard VAT Return filing period | Monthly or (calendar quarter) * |
| Standard VAT Return filing deadline | 20th day of the month following the filing period |
|
VAT Representation required for non-resident |
Yes, mandatory for non-EU businesses |
| Record retention period | 4 years (8 years if relating to investment goods) |
| Electronic invoicing | Not mandatory for B2B transactions |
| Real-time reporting | Yes, SII reporting |
| Special Rules | |
| General domestic reverse charge for domestic supplies of goods by non-resident businesses? |
Yes, domestic supplies of goods by non-resident businesses to VAT registered B2B customers |
| Other domestic reverse charge mechanisms? | Yes, e.g. (sub-)contracting work, supplies of specific goods (e.g. IT-products scrap, waste materials) |
| Postponed Accounting on Import | Yes, under conditions |
| VAT Grouping possible? | Yes |
| VAT Refunds for non-EU businesses? | Canada (limited), Israel (limited), Japan, Monaco, Norway (limited) and Switzerland (limited) |
| Remarks | |
| Link to VAT Law | HERE |
| Remarks | * Excess of input VAT is carried forward to next VAT Return, unless request is made for refund |
Here's an overview of the latest VAT news for this country.
