Swap smart. Stay compliant.
BillSwaps connects businesses that want to trade services and offset bills without cash. Trading is legal and common — but a swap is not a loophole: it is a taxable transaction, and both sides still invoice normally. Here is exactly how to stay clean.
Yes. Exchanging goods or services (permuta) between businesses is entirely legal. Only the method of payment changes — value instead of cash — not your obligations.
Yes. For tax purposes a swap is two supplies at fair-market value. Each party issues a normal invoice (factura), charges IVA where applicable, and includes the value for IRPF / Impuesto de Sociedades. No cash changes hands, but the tax obligation does not disappear.
Use the fair-market value each side would normally charge in cash. Our valuation worksheet gives a standard, defensible method so both invoices match.
We promote and identify businesses that want to swap, help you match, and provide standard documents: a swap agreement, a valuation worksheet, an arbitration clause and a compliance checklist. A €10 reservation deposit reveals the other business and makes the introduction; we charge 6% on completion and invoice the provider. We are not a party to your trade, not your agent, and not your tax or legal adviser.
Every swap can adopt our standard arbitration clause — an agreed dispute path that isn't the courts. Verified profiles and post-swap reviews keep the network honest.
Legal disclaimer (draft — pending Spanish counsel review): BillSwaps is a facilitation and discovery platform. It provides standard, non-bespoke document templates for convenience, is not a party to any exchange, not an agent, guarantor or escrow, and does not provide legal, tax, accounting or valuation advice. Each party is solely responsible for terms, fair-market value, valid invoices and all tax obligations (IVA/IRPF), and should consult its own qualified professional.