Business · Economy · 16 hrs ago

Spain sets electronic invoicing deadlines amid concerns over overlapping rules

Spain sets electronic invoicing deadlines amid concerns over overlapping rules

Spain is moving ahead with a new electronic invoicing requirement under its Crea y Crece law.

Companies with annual revenue above €8 million must comply from 6 October 2027, while the requirement applies to other businesses from October 2028.

The system will operate alongside existing tools and rules, including SII, VeriFactu and the public-sector invoicing platform FACE.

Its aim is to track invoices and actual payment dates to help tackle late payments and improve liquidity.

Businesses and tax specialists warn that overlapping reporting duties could add administrative burdens rather than simplify processes.

Suppliers to public bodies that operate commercially may face several systems at once, and the planned deadlines set out when businesses must prepare.

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