The
VAT warehouse is a type of free zone that allows a company to import goods from outside the EU, paying any import duties that might apply
but without accruing any VAT.
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VAT warehouse is the ideal solution for companies importing goods that require some type of handling inside the warehouse (palletizing, sorting, quality control, etc.) and require to defer payment of import VAT.
In a typical VAT warehouse flow, a Spanish or EU importer imports goods from a third country paying any applicable duties but without accruing any import VAT. The container is emptied into the VAT warehouse where TIBA will provide any additional service that might be required (palletizing, sorting, quality control, etc.). The importer then sells the merchandise to a Spanish customer VAT free. The buyer, who has not paid VAT to the importer, must compensate VAT through the website of the Spanish tax agency.
While this is the most typical operation, there are many possibilities depending on the importer's or buyer's country, the type of goods, etc.
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VAT warehouse or DDA is a very useful tool for optimizing foreign trade transactions in Spain from tax and financial standpoint.
TIBA operates its own DDAs in
Barcelona, Madrid, Valencia and
Onteniente:
View TIBA's VAT warehouses in a larger map.