- 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"
- Choosing Between SII and Verifactu: Navigating Spain’s New Invoicing Regulations for 2026
- Spain Updates Economic Agreement with Basque Country, Enhances Tax Collaboration and Compliance Measures
- VAT IT eezi webinar – European E-Invoicing Spotlight: Greece, Poland, Croatia & Spain (Nov 27)
- Spanish Businesses Face E-Invoicing Dilemma: Verifactu or SII Amid EU’s Digital VAT Reform
- Penalties for Late VAT Filing and Payment in Spain: Avoiding Fines and Interest
