Tax Partners
The depth of knowledge of our professionals together with our challenging spirit and long experience in taxation, labour advice, bookkeeping, due diligence, tax checks, risk analysis etc… allows us to support you and your company, giving you absolute confidence that our duties will be fulfilled to the highest standard, even in the most complex transactions.
| Name of the tax | Value Added Tax |
| Local name | Impuesto sobre el Valor Añadido (IVA) |
| Date introduced | 2nd of August 1985 |
| Date of membership in EU | 1st January 1986 |
| Administered by | Ministerio de Hacienda – Tax Authorities (www.aeat.es) |
| Standard | 21% |
| Reduced | 4% and 10% |
| Other | Exempt with and without credit supplies |
| VAT Number format | ES B1234567 |
| VAT return periods | Quarterly or monthly when previous year turnover exceeded 6 M. Euros. Also monthly when registered in the monthly return system, for Companies with VAT recurrent credits. |
| Thresholds registration | None |
| Recovery of VAT by non-established Businesses | Yes |
