Understanding Online VAT Register

Starting from 1 July 2017, the delivery of VAT Register information to the Spanish tax authorities will be performed electronically via a predefined XML format, and within 4 days after the issuance or reception date. This is applicable to the following companies:

• Large companies with an annual turnover above 6 million Euros

• Companies that adhered to the monthly VAT settlement

• Company groups that as such declares online VAT register

Other companies can adhere voluntarily.

All companies must submit the Issued Invoices Registers, Received Invoices Registers, Investment Goods Registers, and Selected Intra-Community Transactions Registers.

The following registers for the Issued Invoices, Received Invoices, and Intra-Community are supported:

• Issued Invoices Register - Invoice Addition and Modification

• Received Invoices Register - Invoice Additions and Modifications

• Received Invoices Register - Payments Additions

• Intra-Community Transactions Register - Invoice Additions and Modifications