In accordance with our previously published news about e-invoicing, we can say that the Spanish government approved the draft law, which is named "Law for the Creation and Growth of Companies," which includes information about the obligatory B2B e-invoicing. After approval, the law is published in the official Gazette. Additionally, it is expected that the regulatory framework will be released in 6 months with more details on technical requirements.
B2B e-Invoicing Law published on the official Gazette in Spain
Public
Spain
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
1016
Content accuracy validation date:
24.04.2023
Content accuracy validation time:
09:38h
This is an obligation for:
- Taxpayers with an annual turnover of more than 8 million euros will have one year after regulatory framework approval.
- For the remaining taxpayers, the obligation will enter into force two years after the regulatory framework is approved (for large taxpayers in early 2024, full implementation is expected to take place between 2024 and 2026).
Mandatory subjects of these obligations are:
- All Spanish VAT registered businesses and individuals are within the scope,
- All businesses and professionals must issue, send, and receive electronic invoices in their business relationships with other entrepreneurs and professionals.
- Companies supplying certain services to final consumers must issue and send electronic invoices in their relationships with individuals who agree to receive them or who have explicitly requested them. (for businesses in telecommunication services, financial services, water, gas, and electricity services)
Other news from Spain
If a company does not use the VeriFactu mode, is it obliged to maintain a system that allows connection with the Spanish Tax administration (AEAT)?
Spain
Author: Nikolina Basić
Companies not using the VeriFactu mode must still ensure their billing systems can connect with the Spanish Tax Administration (AEAT) to comply with fiscalization rules. Let's find out more on this. Read more
Fiscalization in Spain: Do VeriFactu and non-VeriFactu modes have the same traceability obligations?
Spain
Author: Nikolina Basić
Under Spain's fiscalization rules, traceability requirements differ between VeriFactu and Non-VeriFactu systems. Let's delve deeper into this topic! Read more
Fiscalization in Spain: invoice software solution possibility of continuing to market software for SII clients and VeriFactu impact
Spain
Author: Nikolina Basić
Spain's General Directorate of Taxes confirmed that software compliant with the Immediate Supply of Information (SII) obligations can continue to be used by SII-subject clients under the VeriFactu Regulation. Read more
New education was created: Educational videos for Spain
Spain
Author: Nikolina Basić / Stevan Car
This series of educational videos provides an insight into the Spanish fiscalization system that has been announced for the first time. Legal and technical aspects of the Spanish fiscalization system are presented and divided into appropriate topics. Read more
Fiscalization in Spain: cancellation of receipt (invoice) and series of invoices issued
Spain
Author: Nikolina Basić
Spain's new fiscalization requirements mandate that all invoices, including incorrect ones, must be retained and can be canceled and replaced by correct invoices while preserving their original numbering. Read more
New document was uploaded: Q& A from the webinar: Fiscalization in Spain: not every retailer needs It?
Spain
Author: Kristina Dosen
On the 28th of November 2024, Fiscal Solutions held a webinar „FISCALIZATION IN SPAIN—NOT EVERY RETAILER NEEDS IT?“ This document contains the 10 questions you asked during this webinar and our responses regarding this topic. We also remind you that you can either watch or download our recorded webinar from our portal: https://www.fiscal-requirements.com/documents/1027 Read more
New document was uploaded: Recorded webinar: Fiscalization in Spain - Not every retailer needs it?
Spain
Author: Nikolina Basić
On November 28th, 2024, Fiscal Solutions organized a free webinar regarding new fiscalization rules in Spain. Our fiscal expert, Nikolina Basić covered the following topics: the meaning of the fiscalization in Spain, who needs to fiscalize, etc Read more