Spain takes a step towards digitalisation of the invoicing function

Spain has published a royal decree approving the regulation for computer billing systems, which will be in force from July 2025.
The regulation aims to prevent manipulation of accounting, invoicing, or taxation data.
It requires electronic invoicing systems to have specific features, such as creating journal entries for each invoice action and connecting in real time with the tax administration.
However, there are concerns about the scope of the regulation and its integration with existing systems.
This regulation is closely related to the likely approval of mandatory electronic invoicing between taxable persons. The combination of these regulations, along with the existing SII system, will result in a large amount of information being sent to the tax administration.
This poses a significant challenge for the world of VAT.