Revised draft e-invoicing regulation brings Spanish tax authority’s ‘dream’ closer

• Spain is moving towards digitalizing the invoicing function for some companies.
• The process covers from customer registration to electronic invoicing, including recipient acceptance, rejection, and payment.
• The draft regulation for mandatory electronic invoicing was published in June 2023, with a second version in January 2024.
• The new version expands the scope to include non-resident companies issuing invoices to Spanish entities.
• Non-Spanish entities must comply with electronic invoicing if the reverse charge rule does not apply.
• The recipient has four days to accept or reject the invoice and four days from the payment date to report payment.
• Spanish entities may be exempt from electronic invoicing if the recipient is not in Spain.
• The Spanish administration will provide a free public invoicing solution. The goal is to digitalize the invoicing function and have millions of invoices in a short time.

Source International Tax Review

---

• See also Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological

• Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

---

 

---

---