Author:
Olga Galindo.
Goodbye to Excel invoices: Electronic invoicing and VeriFactu will be mandatory in Spain from 2025.
The era of Excel invoices is coming to an end. From 2025, all companies and freelancers in Spain will have to adopt electronic invoicing and systems such as VeriFactu to ensure the integrity and traceability of their business operations. This transition, driven by the Crea y Crece Law and the Anti-Fraud Law, aims to combat tax fraud and modernize business management in the country.. (elDiario.es)
The end of Excel invoices: Why is the regulation changing?
The main objective of the implementation of electronic invoicing is to reduce delinquency and increase transparency in commercial transactions. The use of traditional tools such as Excel allows manipulations and errors that hinder fiscal control. With the new regulations, it will be mandatory to use approved software that guarantees the authenticity and security of the invoices issued.
VeriFactu: What is it and how does it affect your business?
VeriFactu is a system developed by the Tax Agency to receive in real time the invoices issued by companies and freelancers. Its objective is to control and validate electronic invoices, ensuring their compliance with tax criteria and combating fraud. From 2025, all invoicing programs will have to incorporate this functionality, allowing the automatic remission of invoices to the Tax Agency.
What does this mean for SMEs and the self-employed?
The transition to electronic invoicing and the integration with VeriFactu represent several challenges for small and medium-sized companies:
- Technological adaptation: Abandon traditional tools and adopt approved software that meets the new requirements.
- Training: Train personnel in the use of new digital tools.
- Initial investment: Assume the costs associated with the implementation of new billing systems.
However, this transition also offers significant opportunities to improve the efficiency and control of administrative processes.
Why do we recommend Holded?
To facilitate this transition, Holded presents itself as a comprehensive solution that meets the requirements of the new regulations:
- Automation of invoicing and taxes: Reducing errors and saving time on administrative tasks.
- Direct connection with the Tax Agency: Ensuring compliance with tax obligations and integration with VeriFactu.
- Complete business management: Including modules for inventory, CRM and projects, centralizing business administration in a single platform.
In addition, Holded is intuitive and adapts to the specific needs of each company, facilitating the transition to digitalization.
Conclusion: Get ready for change: VeriFactu and Electronic Invoice
Mandatory electronic invoicing and the implementation of VeriFactu are decisive steps towards fiscal modernization and transparency in Spain. Although adaptation may present challenges, adopting solutions such as Holded not only ensures legal compliance, but also optimizes business management, improving efficiency and competitiveness in the market.
📌 Are you ready to adapt? If your business still uses Excel for invoicing, it’s time to migrate to a system that guarantees security, traceability and tax compliance.
¿Do you need help? At Cigarrán Abogados we can help you (+34) 91.355.85.15
