Spain: B2B e-Invoicing will become mandatory from 2024
In Spain, e-invoicing is mandatory for Business-to-Government (“B2G”) transactions since 2015.
Business to business (“B2B”) e-invoicing will become mandatory for all companies gradually over a period of 2 years, as follows:
- From 2024 onwards – For companies having annual turnover exceeding EUR 8 million.
- From 2026 – For all other companies.
Implication:
The businesses will need to modify their invoicing/ accounting systems to comply with the new e-invoicing regime.