Spain Approves Mandatory B2B E-Invoicing: What Businesses Need to Know

• The Ministry of Economic Affairs and Digital Transformation of Spain has received approval for a new draft of the electronic invoicing regulation
• The Law Crea y Crece introduces mandatory use of electronic invoicing among entrepreneurs and professionals
• B2B e-invoicing will become mandatory in Spain
• The new regulation will be implemented based on the annual turnover of businesses and professionals
• There is a one-year transitional period for companies to implement necessary technology for changes in invoicing systems
• Non-compliance with electronic invoicing obligations may result in fines of up to 10,000 euros
• Notification of invoice status will become mandatory 36 months after the publication of the real decree.

Source: fiscal-requirements.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.

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