The fight against tax fraud in Spain has gained new momentum with the approval of Law 11/2021, known as the Anti-Fraud Law. This regulation introduces rigorous measures to ensure the integrity and traceability of invoicing processes for companies and professionals. One of the most notable initiatives is the implementation of the VeriFactu system, designed to standardize and control invoicing records.
What is VeriFactu?
VeriFactu is a system that sets out the requirements that the computer or electronic programs supporting invoicing processes must meet. Its main objective is to ensure that invoicing records are complete, unalterable and accessible, thus preventing fraudulent practices such as the use of dual-use software or the manipulation of accounting data. This system requires companies to use invoicing software approved by the Tax Agency, ensuring the traceability of every transaction.
Who does this regulation affect?
The Anti-Fraud Law and the VeriFactu system affect all business owners and professionals in Spain who issue invoices, regardless of their size or sector. Those already subject to the Immediate Supply of Information (SII) or who have no invoicing obligation are excluded. It is essential that all companies evaluate their current invoicing systems and make sure they meet the new requirements to avoid penalties.
Implementation deadlines
Although the Anti-Fraud Law came into force in 2021, the obligation to use invoicing systems that meet the VeriFactu requirements has been established with a specific calendar. According to Royal Decree 1007/2023, software developers and distributors have until July 29, 2025 to adapt their products to the new requirements. For their part, companies and professionals are expected to start using it from January 1, 2026, while the self-employed will not have to start using this system until July 1, 2026.
Consequences of not adapting
Failure to comply with the requirements set out in the Anti-Fraud Law can lead to significant penalties. Companies that use invoicing software that does not meet the standards may face fines of up to 50,000 euros for each tax year in which anomalies are detected. In addition, software manufacturers that do not adapt their products could be fined up to 150,000 euros.
How to prepare?
To ensure compliance with the Anti-Fraud Law and avoid possible penalties, companies must:
Evaluate their current invoicing systems: Determine whether the software used meets the new requirements of integrity, inalterability and traceability.
Update or acquire approved software: Opt for invoicing solutions that are certified by the Tax Agency and that conform to the VeriFactu system.
Train staff: Make sure the employees responsible for invoicing are informed and trained in the use of the new system and in the associated legal obligations.
Stay informed: Closely follow official updates and announcements related to the Anti-Fraud Law and VeriFactu in order to adapt to any change or new provision.
At Birtum, we understand the importance of staying up to date with tax regulations and offering technology solutions that make legal compliance easier. Our experts are ready to advise you and provide you with the tools your company needs to adapt without setbacks to the Anti-Fraud Law and the VeriFactu system. Don’t wait until the last moment; contact us and ensure the continuity and legality of your operations.
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