VAT : distance sales in Spain

Distance sales Spain 2012 iva

What is distance selling?

Distance sales are those sales that occur without the simultaneous physical presence of the buyer and seller.  When trading between the two parties, the proposed contract is transmitted from the seller to the buyer, who accepts by any means of distance communication. In the case of Europe, distance sales occur when a member of the EU, with a VAT number, trades with another member with out a VAT registered number.

Examples of distance sales :

  • Contract made by mail
  • Contract made by phone
  • Contract made by Television
  • Contract made by radio Continue reading

Start a business in Spain : understanding Spanish terms

creer-societe-espagneWhen starting a business in Spain,  you will face many Spanish words at first difficult to understand. 

This article will enlighten you on these terms, explaining, for each of them, the Englishequivalent.

NIE (Número de Identificación de Extranjeros) : The NIE is the identification number of a foreigner in Spain. It is essential to Spain in order to create your company, open a bank account and almost all the paperwork. You can get this NIE, whether European or not. This edition includes 8 or 9 characters and starts with an “X” or a “Y”.

Continue reading