Although fiscalization, known under the name Verifactu, was announced a couple of years ago, we are still waiting for more official regulations and confirmation, especially from a technical perspective.
The current status of VeriFactu deadlines in Spain
Public
Spain
Author: Nikolina Basic
Category:
Fiscal subject related
Views:
188
Content accuracy validation date:
17.07.2024
Content accuracy validation time:
00:00h
If we consider the main fiscalization regulation, Royal Decree 1007/2023 of December 5, which approves the Regulation that establishes the requirements to be adopted by computer or electronic systems and programs that support the invoicing processes of entrepreneurs and professionals, it is indicated that "the taxpayers referred to in Article 3.1 of said Regulation must have operational computer systems adapted to the characteristics and requirements established in the aforementioned regulation and in its implementing regulations before July 1, 2025." We can see that, in accordance with the named regulations, July 2025 is the deadline for taxpayers to be in compliance with fiscalization.
However, for software producers, the regulation states that in relation to their activities of production and marketing of computer systems, they must offer their products fully adapted to the regulation within a maximum period of nine months from the entry into force of the ministerial order referred to in the third final provision of this Royal Decree. The Ministerial Order referred to has not yet been published, so the nine-month period has not yet begun. Also, there is no information on when the act will be published, but it is expected in the coming weeks, so stay tuned with us.
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New updates regarding Spain VERI*FACTU system
Public
Spain
Author: Nikolina Basic
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Author: Nikolina Basic
The Spanish Tax Authority (AEAT) has recently submitted a draft Ministerial Order to the EU Commission, detailing the technical, functional, and content specifications for computerized billing systems (SIFs) known as Verifactu. This move is part of the implementation of Royal Decree 1007/2023, which introduces fiscalization in Spain and requires taxpayers to adapt their SIFs by July 1, 2025. The E... Read more