ELECTRONIC BILLING IS DELAYED UNTIL 2027

The Tax Agency has suspended the obligation for SMEs and self-employed persons to issue invoices in electronic format. This project is currently on hold, as the Royal Decree necessary to implement the regulation has not yet been approved. Its implementation is expected to be postponed until 2027, at least for those with annual income of less than 8 million euros.

This obligation, which eliminates the use of paper invoices, arises from the Create and Grow Law of 2022. It consists of all companies and professionals having to issue invoices in digital format for their clients and suppliers, in order to facilitate the monitoring of payments and prevent late payments. This measure is different from that established by the Anti-Fraud Law of 2021, which requires companies and professionals with income of less than 6 million euros to share their billing and accounting data with the tax administration immediately from 2026.

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