Significant Progress: European Commission Endorses Spain’s Mandatory B2B E-Invoicing

• Spain has reached a crucial milestone in its journey toward mandatory electronic invoicing for Business-to-Business (B2B) transactions.
• The European Commission recently approved the Draft Royal Decree, which builds upon the Law on the Creation and Growth of Companies.
• The implementation timeline for mandatory electronic invoicing in Spain depends on the annual turnover of the entrepreneur or professional: for businesses with an annual turnover exceeding 8 million euros, the obligations will become effective 12 months after the publication of the Royal Decree, and for businesses with an annual turnover below 8 million euros, the obligations will take effect 24 months after the publication of the Royal Decree.

Source RTCsuite

---

Click on the logo to visit the website

---

• See also
  • E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
  • Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
  • Collection of E-Invoicing Guides – Worldwide – VATupdate

• Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

---