Operation

This special regime is optional and allows you to delay the accrual and subsequent declaration and payment of the VAT charged until the moment of collection from your clients.

As a counterpart to the delay in the receipt of the output VAT , the deduction of the input VAT on its acquisitions is also delayed until the moment the payment is made to its suppliers.

However, the date of December 31 of the year immediately following the year in which the transaction is carried out is set as the limit for both the accrual of the tax and the right to the deduction.