- Multinational companies in Spain must adapt their billing systems to comply with the new VeriFactu regulation, which imposes technical requirements on invoicing software.
- Compliance is required for Spanish subsidiaries subject to Corporate Tax and branches or permanent establishments subject to Non-Resident Income Tax, but not for entities only registered for VAT or already complying with the Spanish SII system.
- Deadlines: 1 January 2026 for subsidiaries, 1 July 2026 for branches/permanent establishments.
- Companies using standard Spanish billing software will have easier compliance, as providers must update their products by 29 July 2025.
- Multinationals with centralized or custom ERP systems may face challenges in timely adapting their software to meet VeriFactu requirements.
Source: ivaconsulta.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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