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V4073-16 ·23 September 2016 ·consulta-vinculante Medium impact
Tax

VAT may be paid via transfer to an AEAT-designated account without a local bank account

A Swedish company with a VAT number but no Spanish current account enquired about how to pay Form 303. The DGT confirms that the self-assessment can be submitted as an acknowledgement of debt, and the amount can be transferred to the account designated by the Collection Department.

In 6 key points

How it affects those involved

This provides a solution for non-resident companies to fulfill their VAT obligations in Spain without the need to open a local bank account.

Lifecycle

2016-09-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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