B2B e-invoicing has been confirmed in Spain

The Spanish government approved the draft law, which is named "Law for the Creation and Growth of Companies," and includes information about obligatory B2B e-Invoicing. After the approval, the law is published in the official gazette. For taxpayers with an annual turnover of more than 8 million euros, the obligation will enter into force one year after regulatory framework approval. For the remaining taxpayers, the obligation will enter into force two years after the regulatory framework is approved. More details are as follows.

 

So, while B2B e-Invoicing will begin to take effect for large taxpayers in early 2024, full implementation is expected to take place between 2024 and 2026.

All Spanish VAT-registered businesses and individuals are under the scope. All businesses and professionals must issue, send, and receive electronic invoices in their business relationships with other entrepreneurs and professionals. Currently, in Spain, mandatory e-invoicing is applicable for business-to-government (B2G) invoices exceeding €5,000.

The main rules of the law related to e-invoicing establish that:

• Electronic invoices must comply with the provisions of the invoicing regulations.
• Recipients may request a copy of an electronic invoice for four years from the date of issuance without incurring additional costs.
• Technological solutions and platforms for electronic invoicing offered by service provider companies to entrepreneurs and professionals must guarantee their free interconnection and interoperability.

The process for accreditation of interconnection and interoperability of the platforms will be determined by the regulations at a later stage. Additionally, it is expected that the regulatory framework will be released in 6 months, and more details on technical requirements will follow.