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Technical Specifications Published for the SIF/VERI*FACTU Initiative

  • The Spanish Government published Ministerial Order HAC/1177/2024, outlining requirements for electronic billing systems.
  • The order standardizes billing record formats in accordance with Royal Decree 1007/2023 (SIF/VERI*FACTU).
  • Key specifications include data integrity, electronic signatures, event logging, data conservation, and traceability.
  • The regulation applies to medium and small taxpayers with annual turnover below 6 million Euros, excluding those under the SII.
  • Compliance deadline is set for July 1, 2025, but delays are anticipated due to the late publication of the order.

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