Formal, accounting and registration obligations

Record books

• The logbooks you need to keep depend on the activity you perform and the regimen you use to determine performance.

• The books must contain, among other data, the invoice number, the date of issue, the NIF of the counterparty of the operation, the concept, the amount, the description of the asset, the acquisition value, etc.

• The books, among other requirements, must be kept clearly, accurately, in date order, without scratches or cross-outs, reflecting the notes in euros, etc.

• Books can be kept by electronic or computer means, keeping the files and programs that serve as support.

• The Personal Income Tax record books can be compatible with the VAT ones, adding the necessary data. Carrying them together does not entail having to meet any additional requirements other than those required if you carry them separately.

• The Tax Agency provides you with a standardized registration book format that you can use to:

  • Take your books from January 1, 2020

  • meet the requirements of the Record Books for financial years prior to 2019

  • jointly maintain VAT and personal income tax books

  • Import the registration books into Renta Web to complete the sections on the income from economic activities in direct estimation and the withholdings made