As we have stated before, the new changes in relation to fiscalization were announced in Spain. It will be a special certified invoicing system that will need to fulfill predefined requirements. We can say that Spain will become a "fiscal" country. (although the Basque region is already fiscal).
Deadlines for the implementation of computerized invoicing systems in Spain
Public
Spain
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
615
Content accuracy validation date:
08.02.2023
Content accuracy validation time:
08:22h
Content
The State Tax Administration Agency (AEAT) is working on a royal decree that will approve regulations that establish the technical requirements to be adopted by the computerized invoicing systems (SIF), as well as the standardization of formats of invoice records.
With the latest changes introduced to date in the Draft Royal Decree, the following deadlines are provided for taxpayers and software suppliers:
- The taxpayers obliged to issue invoices to which the regulation applies must have their computerized invoicing systems operational and adopted before July 1, 2024.
- Suppliers and marketers of computerized invoicing systems (SIF) must offer their solutions adapted to the technical requirements established in the regulation within a maximum period of nine months from the entry into force of the Ministerial Order that develops it
Other news from Spain
Fiscalization essentials in Spain: Main requirements of the new fiscalization
Public
Spain
Author: Kristina Dosen
Spain
Author: Kristina Dosen
For a quite of time, the requirements for the new fiscalization system in Spain has been introduced. It is known as Verifactu, but regulations determine how the system will look. Still, we are waiting for more technical regulations that will determine the system more precisely. Although there are a large number of requirements, we can summarize that for fiscalization, 3 major requirements are:... Read more
Updates in the VERIFACTU protocol
Public
Spain
Author: Kristina Dosen
Spain
Author: Kristina Dosen
We are pleased to announce significant updates to the VERIFACTU API protocol, enhancing the functionality and user experience for all users. This latest version introduces a series of changes and improvements that are detailed below. Key Changes in the Update: Parameter modifications in the form of new additions and modifications include updated descriptions to provide clearer, more concise inf... Read more
New document was uploaded: Digital Product Passport
Author: Kristina Dosen
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
Invoicing log designs: Draft Document Update in Spain
Spain
Author: Kristina Dosen
The Spanish Tax Administration (AEAT) has recently updated an Excel document that describes sending data to the VERIFACTU system (v0.11.4). Two fields that were optional until now are now alternatives. Let's delve deeper into this subject. Read more
Fiscalization in Spain: Can SIF be Verifactu, non-verifactu, or both?
Public
Spain
Author: Kristina Dosen
Spain
Author: Kristina Dosen
As we have introduced before, the fiscalization in Spain can be VeriFactu, where receipts and their records are sent in real-time, or non-VeriFactu. But the question arises: what needs to be supported? The confirmation came from AEAT, which states that the SIF can be only Verifactu (exclusively allowing use as VERI*FACTU) or "dual" (allowing to be used, at the taxpayer's choice, as VERI*FACTU AND... Read more
Spain submits a draft regulatory framework for e-invoicing rules to the EU Commission.
Public
Spain
Author: Kristina Dosen
Spain
Author: Kristina Dosen
Spain submits a draft regulatory framework for Crea y Crece law to the EU Commission. Following the publication of the draft Royal Decree regarding regulatory developments for “Crea y Crece” on June 15, 2023, the Finance Ministry and the Ministry of Economy and Digital Transformation in Spain have submitted a new edited version of the previous draft Royal Decree with some changes in it. This mean... Read more
Is it allowed for taxpayers to transfer receipts (invoices) for accounting purposes to an external company, in accordance with fiscalization requirements in Spain?
Public
Spain
Author: Kristina Dosen
Spain
Author: Kristina Dosen
The traceability of receipts or invoices is one of the main requirements of the new fiscalization system in Spain. It is materialized through the chaining that the SIF makes of the billing records. What does this actually mean? it is limited to the SIF. Once the records are duly chained and generated (and signed or sent to the AEAT), the regulation and order do not enter into what is subsequently... Read more