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Spain submits draft regulatory framework for Crea y Crece law to EU Commission

21 March 2024
Spain

This initiative seeks to improve payment efficiency and supervision, decrease commercial debts and foster business growth. When the regulatory framework for Crea y Crece Law is approved and the deadlines are met, all companies and self-employed workers in Spain will be required to use electronic invoicing for their business transactions.   What are the current timelines?   Compared to the original draft, the proposed regulation timelines have changed, and sole traders have the following deadlines to comply with invoice statuses:   Obligation Taxpayers in scope Deadline Sending and Receiving e-invoices + invoice statuses Legal entities and sole traders with annual...