- Spain has introduced mandatory electronic invoicing between entrepreneurs and professionals to streamline commercial transactions
- The initiative aims to enhance efficiency, reduce costs, and combat commercial late payment
- The draft Royal Decree outlines the establishment of the electronic invoicing system, technical requirements, interoperability standards, scope of electronic invoices, and security measures
- The objectives of the decree are to combat commercial late payment and foster digitalization in businesses
Source: rtcsuite.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
