Exporters VAT advance
Does your company like to wait and wait?
No one likes it. If that goes for your company as well, you can apply for a VAT refund from the AEAT.
- Your company must be registered in the monthly VAT refund register.
- You can get an advance of up to 180 days.
- And if you already have a line of credit, there's hardly any paperwork involved.
VAT advance terms and conditions
Deadline for application
The deadline for applying for a VAT refund is 90 days before the advance application.
Repayment period
Get your refund up to 180 days in advance and repay it at maturity.
FAQs
Can I use this product for the annual VAT refund?
No. This product is only offered to companies registered with the monthly refund register.
Can I finance the VAT advance every month?
Yes, as long as you haven't exceeded your credit line limit.
Do I have to use a notary every time I sign an advance?
No. A credit line is only signed once, but if you apply for a credit increase you will need to sign it again.
Can I get a VAT advance if the account indicated for the refund isn't a Bankinter account?
No. Tax refunds must be paid into a Bankinter account.
What documents do I need to provide for the credit line appraisal?
Reports, audits, balance sheets, income statements, corporate taxes, 347 forms and VAT. In general, any document that will help us assess your solvency and repayment capacity.
What documents do I need to provide to apply for the advance?
Electronic copy of the self-assessment (form 303) where it appears:
- Checked box “Are you registered with the monthly refund register?”.
- Option selected “Refund application”.
- A Bankinter account as the selected account for the deposit of the refund.