Description

Implementation of guarantee requirements in Royal Decree of 29 June 2021

The changes regarding guarantee requirements in Royal Decree of 29 June 2021 are implemented as of 1 October 2021. The Decree contains new measures regarding the guarantee requirements for VAT registration via fiscal representatives. The amount of g…

Scope

Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body

Complete timeline of this policy change

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2021-06-29
adopted

The Royal Decree on the implementation of the e-commerce VAT law is adopted, amending several exist…

2021-07-01
in force

The changes regarding the VAT on e-commerce established in Royal Decree of 29 June 2021 are impleme…

2021-10-01
in force

The changes regarding guarantee requirements in Royal Decree of 29 June 2021 are implemented as of …

Key regulatory dimensions

Regulated subjects

The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type Private organisation
Economic activity platform intermediary: e-commerce
Category All

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.
listing (any form): sale
Regulatory tool
Regulator reporting requirement
Subordination under sales, use or value-added tax
Sanctions
Determined by existing law or regulation
Regulated subjects
1

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.

listing (any form): sale