Hello, I am a tax resident (not a citizen) of Spain and a director of Spanish company.
I consider buying a mid car in leasing on behalf of my company. It’s appeared, that Spain does allow to deduct only 50% IVA (VAT) on car leasing.
Does it make sense to lease a car abroad (e.g. in Germany or other EU country), “import” it in Spain and avoid paying VAT at all, so no need to deduct it? If yes, could you recommend any leasing companies in the EU that could lease a car to Spanish company?
Thanks.
I consider buying a mid car in leasing on behalf of my company. It’s appeared, that Spain does allow to deduct only 50% IVA (VAT) on car leasing.
Does it make sense to lease a car abroad (e.g. in Germany or other EU country), “import” it in Spain and avoid paying VAT at all, so no need to deduct it? If yes, could you recommend any leasing companies in the EU that could lease a car to Spanish company?
Thanks.