The E-commerce Economy
Spain is the fourth-largest economy in the EU. Its stable economy makes it great for new businesses and growth.
Spain is known for being a hub for trade and international business.
Setting Up To Launch
To launch your brand in Spain as a non-resident importer, you will need to obtain a VAT Registration and an EU EORI number. You will be required to submit periodic filings, typically on a quarterly basis, as assigned by the local tax office. Additionally, Spain has strict regulations for product compliance, requiring authorized representation or responsible persons for certain products such as food and contact materials, electronics, and toys.
Launching Your Brand In Spain
When shipping your goods into Spain, you will also need to appoint an Importer of Record to act on your behalf, and VAT of 21% will be payable on the import value. However, this can be reclaimed. It is important to properly classify your goods as duties are based on classification and are non-refundable. Shipping can also be arranged directly to Spain or other EU countries.