Spain’s tax authorities have introduced a new special VAT regime for groups of companies (REGE), effective from 2025.
Companies must use form 039 to notify their election to apply or waive the REGE for VAT purposes, the advanced REGE arrangement, and the monthly VAT refund system.
Additionally, they must submit a list of group companies under the REGE, indicating any changes from the previous year.
Taxpayers must also notify their election to apply or waive the special cash accounting regime for 2025 onwards using form 036/037. For other special tax regimes, notifications include waivers for the simplified regime or special regime for agriculture, livestock, and fisheries, and options for calculating tax bases under specific regimes.
Regarding electronic records, companies with turnovers exceeding EUR 6,010,120.14 in 2024 must use the Tax Agency’s immediate supply of information system (SII) from 1 January 2025.
Taxpayers have until the end of January 2025, or the deadline for their first periodic return, to notify the authorities of their large company status.
Non-compliance could result in penalties.
