The Spanish Ministry of Finance has published a draft resolution that will – once adopted – establish the requirements for software and systems that support the billing processes of businesses and professionals. This law will have a significant impact on the current invoice issuance processes. It will require implementing new invoice content requirements, including a QR code, and the generation of billing records by January 2024.
The regulation is also intended to adapt the Spanish business sector, especially SMEs, micro-enterprises, and the self-employed, to the demands of digitization. For this, it is considered necessary to standardise and modernise the computer programs that support the accounting, billing, and management of businesses and entrepreneurs.
Source Sovos
Latest Posts in "Spain"
- Verifactu: progress in digitalization or new burden for companies?
- Understanding Spain’s Verifactu and SII: New E-Invoicing Rules and Business Obligations from 2026
- Canary Islands Updates IGIC SII Rules: New Reporting Fields Effective October 2025
- Spain’s Digital VAT Reform: Mandatory E-Invoicing and Anti-Fraud Measures by 2026
- From ambiguity to Doctrine: Spanish Supreme Court Sets Cash Pooling Rules