As of 13 October 2026, the Spanish Tax Agency has published the definitive implementation calendar for Verifactu, the mandatory electronic invoicing system under Law 18/2022 (Create and Grow Law) and Royal Decree 1007/2023. The regulation establishes binding deadlines for all taxpayers issuing invoices, with phased compliance dates based on annual turnover thresholds. Non-compliance carries penalties up to €50,000 per fiscal year.
Key Takeaways
- Tiered Deadlines: Companies exceeding €8 million turnover: 1 July 2027; €1-8 million: 1 January 2028; under €1 million: 1 July 2028. New businesses have six months from registration.
- Technical Standards: Invoices must use FacturaE 3.2.1 format with digital signature and QR code, transmitted via certified platforms ensuring immutability and traceability for four-year retention.
- Integration With SII: The system interconnects with the Immediate Supply of Information (SII) regime, enabling real-time VAT cross-checking and reducing filing obligations for compliant taxpayers.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement