According to Royal Decree 1007/2023, new requirements for electronic invoicing systems have been defined that must be met by persons and companies subject to corporate tax.
The implementation of the requirements is the responsibility of the manufacturers of invoicing systems and must be confirmed by means of a declaration in lieu of an oath. The decree is expected to come into force from the middle of this year.
The core issue of VERI*FACTU is the issuance of verifiable invoices by these systems. This is to be ensured by transferring data to a unified system or by signing and securely storing the data in the same system.
To authorize the Minister of Finance to define these technical requirements, there was a ministerial decree defining the “VERI*FACTU” system. VERI*FACTU sets technical requirements for all invoicing systems.
There are two possibilities:
- In the case of VERI*FACTU systems, each document can be verified via the online system of the Spanish tax administration (AEAT) by means of the QR code printed on the document.
- This validation is not available for so-called NO-VERI*FACTU systems, where the data is signed and stored in the system, but no data transfer takes place. Companies that are obliged to transmit data to the tax authorities via SII are excluded from VERI*FACTU.