The new invoicing system for companies and ‘autónomos’ (self-employed) has recently created a lot of controversy and confusion. As we discussed in our recent episode, the integration of the new software, VeriFactu, has been postponed another year. If you, like many others, are still confused here is everything you should know about it.
VeriFactu, is a new electronic invoicing system established by the Spanish Tax Agency. It’s aim is to combat tax fraud and enhance fiscal oversight. People will be required to generate a digital ‘fingerprint’, an electronic signature and a QR code for verification. Taxpayers must send all the records to the AEAT (Spanish Tax Agency) or have them available for when required. With all these steps and information the AEAT intends to further legitimise and make all payments and invoicing traceable, avoiding underground economy.
This was originally meant to be implemented by 1 January 2026 for companies and by 1 July 2026 for the self-employed or freelancers. However, at the beginning of December the deadline was postponed another year- 1 January 2027 for companies and 1 July 2027 for ‘autonomos’.
The delay is due to many companies and individuals not being prepared to implement the system by the original deadline, as well as pressure from both political parties and fiscal associations.
The president of the union of professional and self-employed workers (UPTA), Eduardo Abad, said the delay is only creating further confusion and mistrust amongst workers. He believes VeriFactu only makes sense if someone issues an invoice, it won’t stop tax fraud or undercover payments if the professional just decides not to, which is common especially when they see clients in a private space or office. Some individuals are against this idea as they believe it is just another excuse to further control and track our finances and personal information.
What is your opinion on VeriFactu? Watch our latest episode of Good Morning Spain to hear our chat about what we think!
