importing and exporting in spain

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A presentation brought to you by LawyersSpain.eu Importing and Exporting in Spain 1

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Page 1: Importing and Exporting in Spain

A presentation brought to you by LawyersSpain.eu

Importing and Exporting in Spain

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Page 2: Importing and Exporting in Spain

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Import-export sector in Spain

Spain has a developed trade sector that counts for more than a half of the GDP.

The import/export sector is a very important part of the economy.

The most exported products are: cars and vehicle parts, refined petroleum, medicaments, delivery trucks, agricultural products.

Page 3: Importing and Exporting in Spain

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Top import/export destinations

The top of the imported goods are the following: crude and refined petroleum, iron, steel, vehicle parts and petroleum gas.

The top export destinations for Spanish businessmen are: France, Germany, Italy, Portugal and United Kingdom.

The main import countries are: Germany, France, China, Italy and the Netherlands.

Page 4: Importing and Exporting in Spain

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Imports in Spain

The top import and export partners of Spain are countries which are members of the European Union (EU).

Spanish authorities enabled trade regulations following the directives of the EU, as the country is a member state of the Community.

The most imported products in Spain are: fuel (19%), food (7%), machinery (6%) and motor cars (4%).

Our team of lawyers in Spain can offer advice on the trading regulations.

Page 5: Importing and Exporting in Spain

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Import/export activities in Spain

Investors who are interested in opening a company in Spain dealing with import/export activities will need to register it following the applicable legislation for commercial entities.

Also, it is important to know that companies operating in this field may require special business permits and licenses, designated for the specifics of the business.

Page 6: Importing and Exporting in Spain

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Import regulations in SpainInvestors who own a company situated in one of the states of the European Union benefit from simpler formalities when entering Spain.

It is necessary to know that, when performing imports in Spain, the legal entities (or natural persons) will need to pay import duty and import taxes for their cargo.

Our team of attorneys in Spain can offer more details.

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Import taxes in Spain

The valuation costs of an import in Spain is based on the following taxation scheme:

• the price of the products imported into Spain;

• the cost of freight;

• insurance value;

• sales taxes.

Imports with a value below EUR 22 are exempted from taxation.

Page 8: Importing and Exporting in Spain

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Customs office regulations in Spain

Companies performing trading activities are managed by the Spanish customs office.

Investors should provide the following documents:

• sales invoice;

• a declaration on the merchandise;

• common law declaration (unique data folder).

Page 9: Importing and Exporting in Spain

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Import limitations in SpainForeign companies importing goods in Spain should know that there are certain limitations imposed by the Spanish law for several products:

• farm products;

• textiles;

• iron;

• steel;

• weapons and defense equipment.

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Consultancy services in SpainBusinessmen are invited to find out further details on this subject from our team of lawyers in Spain.

Our attorneys can assist investors with details on the Spanish Maritime Law, if the import is performed through this option.

Please contact our law firm in Spain for further information on other aspects of the Commercial Law.

Page 11: Importing and Exporting in Spain

Thank you for your attention!

For more information please contact us at:

(+44)203-287 0408 (for international clients)

[email protected]

www.lawyersspain.eu

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