Spanish adoption campaign to prepare for mandatory B2G e-invoicing

As from 15 January 2015 B2G (public sector) e-invoicing will be made mandatory in Spain. On that date invoices will have to be submitted and transmitted electronically through a general entry point. This general entry point records a copy of the submitted data, such as the submission date. This should ensure that in the event of late-payment by a public sector entity the corresponding interests will still be paid. All public administrations are already required to forward information on invoices received to the Tax Authority.

To help Spanish companies prepare for the introduction of mandatory B2G (public sector) e-invoicing as from 15 January 2015, the Spanish government has launched a campaign.

According to the Spanish government, the move will enhance security, streamline the invoicing process and result in savings of around EUR 3.48 per invoice issued, EUR 2.78 of which corresponds to the administration and EUR 0.70 to the issuing entity. In total, some EUR 52.5 million a year will be saved, while the time taken to process invoices will be reduced by around 80 percent.

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