Spain will formalize the rules on invoices and their electronic production, including computerized invoicing, on January 1, 2024. This includes certified invoicing systems and invoice submissions to the Agencia Tributaria on a voluntary basis. When taxpayers use the existing Spanish SII live reporting regime, they may be considered compliant.
The tax authorities will allow taxpayers to use a few limited approved invoicing systems. Otherwise, any commercial product must include commitments to follow the new rules, including invoice submission to the Agencia Tributaria. These systems will be known as VERI*FACTU systems (verifiable invoicing systems).
Only resident businesses are subject to the new rules. Non-residents who do not have a permanent address are excluded. Separately, plans for e-invoicing in Spain are moving forward. Similar requirements apply to certified invoicing systems in Portugal.
The new Royal Decree establishes minimum accounting and invoicing technology standards to prevent fraudulent invoices and data manipulation. This includes technical specifications and rules for ensuring the integrity, auditability, and security of invoices and supporting documents. This includes minimum requirements for invoices in standard formats from system and accounting software producers.
Effective date: 1 January 2024