Spain is becoming one of the most prominent importers in the Eurozone. This is why all kinds of companies are keen to know the requirements for exporting to Spain, so that they can take advantage of the current opportunities. What paperwork will you need? We’ll tell you all about it.
What are the requirements for exporting to Spain?
First of all, it’s important to understand that customs fees can vary from country to country. Operating from France is not the same as operating from Chile or Japan. Commercial agreements in Spain can vary depending on the country or geographical region. Therefore, this is the first thing you need to check.
Next, you’ll have to meet two kinds of requirements.
- Tax requirements. Your company will need to get an EORI number. This way, it will have a tax number in Spain and will be able to trade here. Again, the process may not be as simple for some as it is for others. It’s a lot easier for countries in the European Union to get this number.
- Customs requirements. At customs, you will have to pay a certain amount of money to move your products between countries. However, it’s not as straightforward as drawing up an invoice justifying your expenses; you’ll also be obliged to submit a SAD (Single Administrative Document).
Once you have everything in order, you’ll be ready to trade in Spain. That being said, make sure to check any requirements you’ll have to meet in your own country to export your products.
Are there commercial opportunities in Spain?
Absolutely. Spain is a country that imports a wide variety of products, ranging from food all the way up to clothing brands, cars, or technology. Spain is the European Union’s fourth-largest economy. Consequently, it is one of the wealthiest countries in the world, with high purchasing power. What you need to do is find the right niche market.
Keep in mind that the competition is real, and you’ll be up against multiple rival companies that are also after the same niche as you. Therefore, a properly planned business strategy will be crucial.
Tips that will help you export your products to Spain
Take note of everything that can help you:
- Conduct a thorough market study. It’s essential to identify a niche market that you have a real chance of entering.
- Establish strategic alliances. Whether it be with brands, distributors, or prominent figures in the industry who can help you sell your products.
- Hire a translation team. Language is crucial when it comes to building trust and properly communicating with your audience. This is why we urge you to work with translation professionals who can take care of the entire process.
So, these are the requirements for exporting to Spain. Remember to plan your strategy carefully before putting it into practice, since it will be key to your success. And, if you’re looking for a team of professional translators, look no further. Blarlo will help you translate and adapt any content you need. All you have to do is get in touch with us!
