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Draft regulation for the newly announced fiscalization in Spain

The Spanish Ministry of Finance has been working on regulations in relation to the new changes in fiscalization that will be present in Spain, probably from next year on. As a reminder, Spain (except for the Basque region) is currently a non-fiscal country, but this will change soon.

 

More precisely, the Spanish Ministry of Finance has published a draft resolution that, once adopted, will establish the requirements for software and systems that support the billing processes of businesses and professionals. This law will have a significant impact on current invoice issuance processes. It will require implementing new invoice content requirements, including a QR code, and the generation of billing records by January 2024.

Source Fiscal Solutions

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