Indemnity for Recovery Costs

Article 8 of Law 3/2004, of December 29, establishes measures against default in payments in commercial operations.  Similarly, Article 6.1 of the Directive 2011/7/UE of February 16, 2011 states, When …

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Spain publishes the new special VAT cash regime’s rules

The new VAT cash regime allows business owners to pay the tax when it is effectively paid rather than when the bill is issued. This option is available to small and medium sized companies as well as self-employed persons with a total revenue of less than 2 million euros.

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