{"id":167233,"date":"2025-09-03T07:24:28","date_gmt":"2025-09-03T07:24:28","guid":{"rendered":"https:\/\/teknomers.com\/en\/what-is-it-who-does-it-affect-and-when-does-it-come-into-effect\/"},"modified":"2025-09-03T07:24:30","modified_gmt":"2025-09-03T07:24:30","slug":"what-is-it-who-does-it-affect-and-when-does-it-come-into-effect","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/what-is-it-who-does-it-affect-and-when-does-it-come-into-effect\/","title":{"rendered":"What is it, who does it affect, and when does it come into effect?"},"content":{"rendered":"\n

The Tax Agency has prepared a New Billing System for SMEs and Autonomous<\/u><\/a> called Verifactu, part of Law 11\/2021<\/u><\/a>, known as the anti-fraud law. Its primary objective is for all invoices issued in Spain to comply with specific requirements, enabling them to be verifiable by the Tax Agency.<\/p>\n

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What is Verifactu?<\/strong><\/h2>\n

Verifactu, with its official name written as Veri*Factu, defines a \u00a0new billing system\u00a0 that aims to standardize how invoices are created and processed by businesses and self-employed individuals. This system is laid out in the Royal Decree 1007\/2003<\/u><\/a>, which mandates that \u00a0all invoices must adhere to specific standards\u00a0 to ensure they are verifiable by the administration.<\/p>\n

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\"Verifactu\"\n <\/div>\n<\/div>\n

It is important to clarify that Verifactu is not billing software per se but rather a \u00a0technological system\u00a0 designed to be embedded within billing systems. This implementation aims to prevent potential fraud, ensuring that \u00a0each invoice issued is secure, unalterable, and traceable\u00a0. Moreover, the Verifactu system will automatically relay all invoices to the Tax Agency, thus eliminating the possibility of \u00a0dual-use software\u00a0, which allows businesses to manipulate their accounting and hide actual sales.<\/p>\n

Who is Obligated to Use Verifactu?<\/strong><\/h2>\n

Verifactu imposes requirements on various businesses and freelancers. Here is a breakdown of those who must comply:<\/p>\n