Travelling to Spain for business? Save up to 21% with Nieto Jones.
In 2019, over 12M€ was spent on business meetings and events in Spain. Depending on the type of VAT tax which applies to specific purchases, between 1.2M€ and 2.5M€ was spent on taxes. Every year, millions of euros are left unclaimed: savings which could have been applied to your business.
VAT Tax Recuperation
As a company based outside of the European Union, you have the possibility of recuperating the VAT taxes spent relating to your business while in Spain. According to Spanish law, a local representative is required in order to claim the VAT refund. This representative jointly assumes responsibility for the taxes recuperated.
Who can benefit from this tax law?
Since September 2015, all countries can reclaim VAT taxes for attendance at congresses, fairs and events, as well as any tooling manufactured and/or delivered in Spain. In addition, if you or your client are coming from one of the countries with an original reciprocity agreement (Switzerland, Norway, Monaco, Israel, Canada and South Korea), you can also reclaim VAT taxes on additional services.
How does it work?
Both before and after the meeting or event, we work with you to assess your particular situation to see which taxes are refundable and which are not, to collect all required documents and invoices and to ensure it is being submitted on your behalf correctly. Once everything is approved, you will receive the refund directly in your bank account.
Why us?
With the Spanish requirement to name a representative in the country where you would like to reclaim taxes, it can be difficult to find someone to trust with the knowledge to ensure the process is handled properly. With combined extensive experience within the meetings and events and tourism industry and a certified lawyer specialising in national Spanish law, you have two experts at your disposal who fully understand both sides of the business.
We do not charge any fees up-front. Depending on the reclaimed amount, we only charge a percentage of said amount for our services.
Do not hesitate to reach out at +34 610 632 963 or contact@nietojones.com for a complimentary consultation to see if we can be of help to your specific case. Looking forward to taking A step forward with you while we navigate out of these times and collaborating to reactivate the meetings and events industry together!