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Requirements set for business billing programs starting in 2024

The Ministry of Finance published the Draft Royal Decree on the use of billing programs for businessmen and professionals. It includes the requirements that must be met by billing systems that will be mandatory as of January 1, 2024.

This measure seeks to adapt the Spanish business fabric , especially SMEs, micro-enterprises and the self-employed, to the demands of digitization. In this sense, there is a clear commitment to the standardization of billing record formats and the fight against fraud and double accounting , in addition to modernization.

Source: ivaconsulta.com

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