Verifactu with ITP
The government delays Verifactu until 2027
The government has announced that it is postponing the mandatory automatic submission of invoices to the tax authorities. However, your company still requires a legally compliant accounting system.
ITP Banyoles' software is certified by Verifactu and we help you in the transition to modern and secure invoicing.
What is Verifactu?
Veri*factu is the new system implemented by the Spanish Tax Agency that will change how invoices are issued in Spain. From 2027 onwards, invoices must be issued using software that meets specific requirements: secure, transparent, and tamper-proof invoices.
With Verifactu, each invoice will be automatically registered and digitally protected, guaranteeing that it cannot be altered without leaving a trace. It's the way to put an end to fraud and allow your business to operate with confidence and peace of mind.
Who Must Implement Verifactu?
The Verifactu system will come into effect in two phases:
From January 1st of 2027:
- Limited Liability Companies.
- Public Limited Companies.
- Worker-Owned Companies.
- Civil Partnerships.
- Associations.
- Sports Clubs.
- Foundations.
- Land Readjustment Boards.
- Agricultural Transformation Companies.
- Other commercial entities subject to Corporate Income Tax.
From July 1st of 2027:
- Self-employed individuals carrying out an economic activity (excluding real estate rentals).
- Non-residents earning income in Spain through a permanent establishment.
- Joint Ownership Communities (excluding real estate rentals).
- Producers and distributors of computer systems.
In short, it is mandatory for almost everyone. You are included if:
- You are self-employed, a micro-enterprise, or an SME.
- You have a company with annual revenue of up to €6 million.
- Issue invoices to clients or companies in your daily work.
Who is Not Required to Use Verifactu?
Companies with an annual turnover exceeding €6 million are not required to use the Verifactu system. Instead, they are required to use a different, more advanced, system called SII (Immediate Supply of Information), which has been in place for several years.
SII allows invoicing data to be sent directly to the Tax Agency almost in real time.
At ITP, we also offer invoicing solutions adapted to SII, designed to meet the needs of large companies that handle high volumes and more complex processes.
Also excluded are the self-employed, who:
- Are not required to issue invoices because they carry out both taxable and tax-exempt transactions.
- Apply the special REGAP regime, the special equivalence surcharge regime, and the simplified VAT regime (modules).
Why is This Important for You?
Because having your system ready on time isn't just an obligation, it's an opportunity. With Verifactu, you not only avoid risks, but you also gain efficiency and professionalism:
- You avoid penalties and unnecessary headaches.
- You save time by automating processes.
- You have all your data secure and ready should the tax authorities request it.
- You project a professional and modern image for your business.
- And above all, you prepare for the future, because tax digitalization is here to stay.
It's not just about complying with the law, it's about growing your business with peace of mind.
ITP Helps you Comply with the Law
At ITP, we take care of everything so you don't have to worry about a thing. Your ERP will be fully prepared and up-to-date without you having to take any extra steps.
- Complete Software Update
Our ERP is already adapted to Royal Decree 1007/2023. This guarantees that your invoices will be secure, legal, and tamper-proof, as required by law. - Guided and Easy Setup
We'll help you activate the Verifactu system within your ERP with a simple setup guided by our team. - Tailored Training and Support
We'll help you understand how it works with clear explanations and personalized support. If you have any questions, our team will assist you directly and personally.