- Spain has postponed the implementation of its certified billing system, Verifactu, from mid-2025 to 2026, allowing businesses more time to prepare for enhanced tax compliance measures.
- The new timeline sets January 1, 2026, for Corporate Income Tax taxpayers and July 1, 2026, for other taxpayers, with certain exemptions for those using the Immediate Supply of Information (SII) system.
- Verifactu mandates immutable invoice records, QR codes for verification, and compliance declarations for invoicing software, aiming to prevent fraud and promote digitalization, particularly among SMEs. Businesses are encouraged to upgrade their invoicing systems to ensure compliance.
Source SNI
Latest Posts in "Spain"
- 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
- Spain’s E-Invoicing Mandate Explained: Key Dates, Requirements, and How to Prepare
- Briefing document: Spain’s VeriFactu Verified Billing System