Spain’s economy stands out in the Euro Zone and thus represents an excellent option for doing business and establishing commercial relations with the rest of the world. Have you ever thought about importing products to Spain? Read on and find out about the requirements needed to start the process.
Requirements to import to Spain
From EU countries
If you wish to import from European Union (EU) countries, you will have no major inconvenience, since the regulations to comply with are the same as if you were acquiring the products from any Spanish province.
From non-EU countries
If you wish to import goods from any other country that is not part of the European Union, it is essential that you comply with the following requirements:
Certificate of Origin
This is a document that is required to prove the country of origin in which the product to be imported was produced.
Commercial Invoice
This is a document that specifies the details of the commercial transaction, and is issued by the company that distributes the product to the importer.
Packing list
It refers to the list of products that are imported and must specify details such as:
Type of goods
Quantity
Weight and volume
Date of loading
Shipper and receiver details
Bill of lading (BL)
This is a document issued by the carrier (air or sea) that shows that the goods have been received on board.
EORI Number
This is an identification number issued by the customs authorities to identify the operator who is carrying out the import.
European Community (EC) Stamp
Its main function is to guarantee that you are allowed to enter European territory.
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Most imported products to Spain
Are you thinking of importing to Spain, but you can’t decide on a specific product? Here are the most demanded options:
Fuels and mineral oils
Vehicles
Mechanical devices
Pharmaceutical products
Plastic materials
Chemical products
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Prohibited products to be imported into Spain
On the other hand, Spanish laws prohibit the importation of certain items such as:
Drugs or narcotic substances
Firearms, firearms parts or self-defense sprays
Animals and plants in danger of extinction
Diamonds and precious stones
Pornography
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Customs duties in Spain
In order to successfully complete the import process in Spain it is important that you comply with the payment of Value Added Tax (VAT).
The corresponding VAT rate is applied based on the type of product to be imported. In general, it is usually 21% on the value of the product, and in some occasions it can be reduced to a reduced VAT of 10%, or super-reduced of 4%.
If you are considering importing into Spanish territory, it is essential that you take into account the existing regulations to carry out this procedure and that you seek advice from real experts in taxation to clear up any doubts you may have.
Therefore, today we invite you to consult our website: TAS Consultoría, and get in touch with our team to ensure that your process complies with each of the requirements demanded by the authorities.
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