- Spain has approved a Royal Decree mandating B2B e-invoicing, with phased compliance deadlines based on company size.
- The system will use a hybrid model of private and public e-invoicing platforms, requiring interoperability and structured, machine-readable invoices.
- Compliance deadlines are 1 year for companies with turnover above €8 million and 2 years for smaller businesses, starting after a ministerial order is published.
- Businesses must upgrade systems, ensure platform interoperability, and adapt processes for real-time invoice tracking to prepare for the new requirements.
- The B2B e-invoicing mandate is separate from Spain’s VeriFactu anti-fraud requirements.
Source: fonoa.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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