Who is applicable for the general regime?
This regime is applicable when none of the special ones are, or when the taxpayer has not waived or is not exempt from the simplified regime or the special regime for agriculture, livestock farming and fishing.
What does the general regime consist in?
Customers will be charged the corresponding VAT according to the amount of the transaction and the applicable rate, 21%, 10% or 4%, unless they are exempt from this tax.The suppliers of goods and services shall also charge the corresponding VAT.The difference between accrued VAT, i.e. VAT charged to customers, and deductible input VAT, i.e. VAT charged by suppliers, must be calculated and, where applicable, paid.
Issue and deliver a complete invoice to customers and keep a copy.Nevertheless, in certain transactions, e.g. retail sales, a simplified invoice can be issued when the amount does not exceed €3,000, including VAT.
Request an invoice from suppliers and keep it in order to be able to deduct the VAT paid.
Keep the following record books:
Issued invoices record book
Received invoices record book
Capital goods record book
Record book for certain intra-Community transactions
Submit the appropriate periodic declarations (monthly or quarterly).
See How to file the VAT return - form 303 in the link on the right as "Related content".
In the case of groups of entities, forms 322 and 353.
File the annual summary return - form 390, between 1 and 30 January of the following year.Exceptions are those who keep their registry books through the Electronic Headquarters of the AEAT (SII) as well as those who, being taxed only in common territory, exclusively carry out activities that are taxed under the simplified VAT system and/or leasing of urban real estate (activities for which there is no obligation to file periodic self-assessments may also be carried out).