- The Spanish government has submitted a revised version of the draft Royal Decree for the “Crea y Crece” initiative, which aims to improve payment efficiency and promote business growth.
- All companies and self-employed individuals in Spain will be required to use electronic invoicing once the regulatory framework is approved.
- Compliance timelines have been updated, with different deadlines for sole traders and legal entities based on their annual turnover.
- The deadlines for compliance will begin after the approval and publication of the Royal Decree in the Official Gazette (BOE), expected to happen within this year.
- Buyers will be obligated to issue two mandatory responses for invoice statuses: acceptance or rejection of the invoice, and full payment of the invoice. There are specific timeframes for these responses.
Source Pagero
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Spain"
- Spanish Government Clarifies Regulations on Computerized Invoicing Systems and Pre-Invoicing Document Compliance
- VAT IT eezi webinar – European E-Invoicing Spotlight: Greece, Poland, Croatia & Spain (Nov 27)
- New Revision 1.20 of AES Export Declaration Guide Published for Enhanced Customs Communication
- Briefing document & Podcast: E-Invoicing in Spain
- EU Regulation 2025/1728 Amends Origin Proof Procedures, Extends PEM Convention Rules Retroactively
