The Business Creation and Growth Act, better known as “Crea y Crece”, published in the Spanish Official State Gazette (BOE) on 29 September 2022, makes electronic invoicing mandatory in commercial relations between companies.
According to Law 18/2022 of 28 September, all companies must have the capacity to create, send and receive electronic invoices.
Like many countries that are implementing mandatory electronic invoicing, Spain will implement the business mandates in stages.
The exact dates have yet to be confirmed. However, the following dates are currently planned:
- 1 year after approval of the regulatory development for large companies with an annual turnover of more than €8 million,
- 2 years after approval of the regulatory development for all other companies with a turnover of less than €8 million.
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Source: Boletín Oficial del Estado (in Spanish)
