There are strict rules on the situations where a registration is permitted. Common scenarios which require a Spanish VAT registration include:
Registering for Spanish VAT generally takes one to two weeks, although this can vary.
Type of VAT | VAT Rate | Applicable Goods |
---|---|---|
General VAT | 21% | Appliances, cars, cinema tickets, smartphones, etc. |
Reduced VAT | 10% | Cultural activities, transport and electricity |
Super-Reduced VAT | 4% | Necessities like essential foodstuffs and subsidized housing |
VAT free | 0% | Masks and hand sanitizer, financial products and healthcare products |
Description of business activity may also be required depending on the competent tax authority.
There are certain requirements regarding the content of an invoice, which includes:
In case a VAT invoice includes zero-rated or exempt supplies, those items clearly have to show that there’s no VAT payable and a separate total for their values have to be indicated as well. It is also possible to issue simplified VAT invoices if the value of goods is less than £250 and the customer also agrees to have a simplified invoice for the items.
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