VATupdate

Spanish companies included in monthly VAT refund registration | Meridian

Spanish companies included in monthly VAT refund registration | Meridian.

In Spain, according to the rules of the VAT regime, companies have the choice of claiming VAT refunds on a monthly basis as opposed to on an annual basis. The Spanish government believe that if Spanish companies are included on the monthly VAT registry it will help companies increase their cash flow opportunities.

Companies are able to request to be included in the monthly VAT refund registry through the completion of a 036 form for the Spanish VAT authorities.

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