Transfer of business activity, residence and others
How to obtain import duty and tax exemption for professionals and individuals
Marriage. Tax relief and exemptions
Yes, alcoholic products, tobacco and tobacco products are excluded from the franchise.
The VAT law also establishes this type of exemption, with the difference that the amount of gifts that can be accepted with VAT exemption must not exceed 200 euros. In addition, means of transport of an industrial nature, materials for professional use other than portable instruments for the exercise of the importer's profession or trades, and mixed-use vehicles used for commercial or professional purposes are also excluded from this type of exemption.
The trousseau and furniture, even new, belonging to a person who transfers his normal residence from a third country to the customs territory of the Community on the occasion of his marriage will be admitted free of import duties and exempt from VAT.
Likewise, gifts usually offered on the occasion of marriage received from people residing in a third country will be admitted free of import duties and VAT exemption. The value of each gift admitted with exemption may not exceed 1,000 euros for exemption from import duties and 200 euros for exemption from VAT.
The requirements that must be observed are the following:
- Regarding people: They must have resided outside the territory of the European Union for at least 12 consecutive months and must provide proof of their marriage.
- Regarding the goods: The exemption will be granted only in respect of goods that are declared for free circulation, within a period of two months before the scheduled date of marriage. The exemption will be subject to the provision of a guarantee in the form and amount determined by the customs authorities within a period of four months after the date of the marriage.
- Release for free circulation may be carried out one or more times, within the deadlines indicated above.
- Requirements applicable after importation. Until a period of 12 months has elapsed, counted from the date of admission of the declaration for free circulation, the goods admitted duty-free may not be loaned, pledged, rented or transferred for consideration or free of charge. without previously informing the customs authorities.