The fiscalization requirements for Spain’s fiscalization have already been introduced. In accordance with the latest information, it is expected that the fiscalization system in Spain will start on July 1, 2025. The royal decree regulates the main features of the fiscalization system; technical regulations stipulate technical requirements that must be met.
Penalties for non-compliance with fiscalization requirements in Spain
Public
Spain
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
231
Content accuracy validation date:
05.02.2024
Content accuracy validation time:
08:23h
Content
All of these requirements must be respected because the penalties for non-compliance with them have been introduced, and they can be very high. In general, the penalties are predefined not only for taxpayers but also for the producers of software or computer systems that will be used for sales. More precisely, a penalty in the amount of 50.000 EUR is introduced for taxpayers, sellers, and retailers if they are not using software or programs that are not in accordance with the fiscalization legislation. For producers and manufacturers of these programs, penalties can go up to 150.000 EUR.
Other news from Spain
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
VERIFACTU chaining transactions, initial record
Spain
Author: Kristina Dosen
Billing record traceability refers to the process where each billing record in a series includes a reference to the previous one chronologically. This sequence of billing records ensures their traceability, particularly for those generated by the computer system. Read more in order to find out about the criteria that must be met. Read more
Does a QR code have to be present if there are no real-time receipts (invoices, no-Verifactu) in the new fiscalization system in Spain?
Public
Spain
Author: Kristina Dosen
Spain
Author: Kristina Dosen
Yes, the QR code is a mandatory requirement for both Verifactu and non-Verifactu systems that must be presented on receipts (invoices). If the QR is scanned, the AEAT will know if it has been generated by a Verifactu (which will have sent the corresponding billing record) or a No Verifactu (which will not have sent it and must keep it locally), responding accordingly. If we consider the purpose of... Read more