Special system for agriculture, livestock farming and fishing

What does the special regime for agriculture, livestock farming and fishing consist in?

There is no obligation to charge, settle and pay VAT for sales of natural products obtained in exploitations, nor for the supply of investment goods used in this activity other than buildings. The import of goods, intra-community goods acquisitions and transactions subject to reversed payment liability are all exempt.

Recoverable or paid VAT charges on acquisitions of goods or services employed in the activity are not deducted.

In this regime, a compensation is received as a lump sum on deliveries of natural products for other businesses not attached to the agricultural regime, which do not exclusively perform exempt transactions internally. This is also the case for intra-community supplies to corporate persons that are not businesses, and service provisions included in the special regime for agriculture, livestock farming and fishing. This compensation will be the resulting amount from applying 12% to the sales price of products obtained from agricultural or forestry exploitations, and in services related thereto. The compensation will be 10.5% in the supply of products obtained from livestock farming or fishing exploitations, and in the provision of accessory services.