VAT Application Management: Key Obligations
VAT Application Management
1. Statements Census
The census of entrepreneurs is part of the census of taxpayers, regulated in the Tax Code and the Regulations of the Tax Inspectorate. Statements include declarations of commencement, modification, and cessation.
- Commencement (High): Notifies the administration of the start of economic activity.
- Modification (Change): Reports changes to the registered data.
- Cessation (Low): Indicates the effective end of the activity.
2. Invoices
Invoice regulation is
Read MoreFinancial Law: Taxes, Budget, Heritage, and Public Credit
Unit 1: Financial Activity and Financial Law
Financial Activity: An activity performed by the state and other public bodies (municipalities, autonomous regions, etc.) which consists of obtaining financial resources to apply them to public collective needs (e.g., financing public expenditure). This activity is instrumental in character and is also said to be in the 2nd grade.
Financial Law: The discipline that aims to study the legal regulation of financial activity. According to Giannini, financial
Read MoreTax Exemptions and Calculation of Rates in Spain
3) Exemption
Law 51/2002 introduced a very broad exemption. It exempts all individuals who carry out an economic activity. Resident companies whose turnover is less than one million euros are also exempt from the IAE (Impuesto sobre Actividades Económicas).
Turnover, in essence, refers to sales activity. There are also exemptions for starting the activity: the first two years for all activities. Along with this, there is a 50% bonus for the five years following the first two years; this is mandatory
Read MoreUnderstanding Personhood, State, Society, and Law
Understanding Personhood
A human being is an autonomous and free original, educated (learning) being, gifted with intelligence and will, and is responsible for their actions and can love.
Etymologically from the Greek prosopom (mask).
Juridical Persons
From the juridical point of view, there are two types:
- Natural Person: Defined as every individual of the human species, whatever their age, lineage, sex, or human condition. Attributes include name, marital status, nationality, and address.
- Juridical Person:
Patent and Trademark Rights: Legal Framework in Spain
Contents of Patent Rights
Within the scope of patent rights, and for a limited time, we find the exclusive right to a patented product. The patent may be subject to legal transactions, conveying its ownership or its use, through what is known as a license. A patent can be subject to joint ownership, for example, among several inventors.
Article 15 of the Spanish Patent Law
- Inventions made by an employee during the term of their contract or employment relationship with a company, which are the result
Understanding Decree-Laws: Requirements and Recognition
Decree-Laws: An Overview
A decree-law is a provisional legislative provision enacted by the Government in case of “extraordinary and urgent necessity.” It is a standard range of law whose validity is limited to a provisional 30 days from the date of publication. Through a Decree-Law, the government exercises its own power that derives directly from the Constitution, without a delegation from the Parliament.
Requirements for Decree-Laws
- The existence of an enabling budget: This requires the extraordinary