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V0165-21 3 February 2021 · SG de Impuestos sobre el Consumo Criterion in force
IVA · prestación de servicios

No obligation to self-invoice financial services provided by a non-established provider in Spain

A Dutch company has requested a ruling regarding its invoicing obligations in a transaction involving a loan secured by a pledge of raw materials. The DGT clarifies that, as the financial service is provided by a non-established entity, the Spanish recipient is not required to issue a self-invoice.

The question raised

Clarification of the invoicing and reporting obligations for Value Added Tax purposes derived from the binding ruling of June 13, 2018, consultation V1681-18.

The DGT's ruling

The transaction is of a nature of a financing service subject to but exempt from VAT, carried out in Spanish territory because the recipient is an entrepreneur established here. As the provider is a person not established in Spain, Spanish invoicing regulations do not apply, but rather those of the provider's Member State. Therefore, the Spanish recipient is not obliged to issue a self-invoice for said provision.

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