“Crea y Crece” law makes the use of the Electronic Invoice mandatory among companies, SMEs and self-employed in Spain

Electronic invoicing will be mandatory for Spanish companies. 

The “Crea y Crece” Law, which was passed on September 29, 2022, established electronic invoicing as the only system that may be used in commercial relations between companies and the self-employed. This has led to the widespread use of electronic billing and payment systems, which can be a major benefit for businesses and the self-employed.

With the intention of promoting digitalization and preventing late payments in business transactions to support business growth in Spain, this initiative is a component of the Recovery and Resilience Plan.

Source: edicomgroup.com

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