At the end of June this year, the Royal Decree that introduces e-invoicing obligations in B2B transactions was published. According to those regulations, which have not yet been published in the Official Gazette, the e-invoice obligation for B2B was planned to be in force in the middle of 2024, but probably this will be postponed. This has been the rumor in Spain, and it is stated that the reasons are delays in technical specifications that have not yet been introduced, and 2024 is getting closer.
E-invoice obligation in Spain postponed?
Public
Spain
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
460
Content accuracy validation date:
04.09.2023
Content accuracy validation time:
10:57h
Content
It is important that all regulations be in place on time for the proper start with mandatory e-invoicing, but this has not happened in Spain. Also, political elections in Spain are another reason for this postponement. Under the draft regulations, Spain is committed to giving at least 12 months notice before passing the final law. We will see how this will be regulated and when the Spanish tax administration publishes some official dates and possible changes in the regulations.
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