The digital transformation of billing in Spain is marked by the arrival of TRUE*FACT , a system that represents a significant change in the control, traceability and transparency of the invoice issuance process.
Companies, freelancers and software providers should know what VERI*FACTU is, what their obligations are and how to prepare in advance for avoid sanctions and take advantage of efficiency opportunities.
El origin of VERI*FACTU It is found in the Anti-Fraud Act (Law 11/2021) and its legal framework is detailed in the Royal Decree 1007/2023. This decree establishes the requirements that billing systems must meet to ensure the integrity, preservation, accessibility, legibility, traceability and inalterability of billing records. The standard seeks to prevent tax fraud and improve tax transparency. VERI*FACTU is an electronic billing system that will be implemented progressively.
The main purpose of VERI*FACTU is to ensure that invoices generated by companies and professionals are complete, traceable and unalterable, and that can be automatically sent to the State Tax Administration Agency (AEAT).
This seeks to increase transparency, reduce tax fraud and modernize accounting processes in the Spanish business fabric.
Any company that uses computer systems to issue invoices must ensure that its software meets the criteria of integrity, conservation, accessibility, legibility, traceability and inalterability.
In addition, the system must include a QR code And a fingerprint (hash) that make it possible to verify the authenticity of each invoice, as well as a possible direct connection with the Tax Agency.
Each invoice issued must generate a “billing record” that cannot be modified later.
This record must be kept securely and, in the VERI*FACTU format, automatically sent to the Tax Agency or stored with the guarantees established by law.
Los billing program providers Their deadline was July 29, 2026 so that your solutions met all the technical requirements of VERI*FACTU.
The entry into force for companies and professionals will take place progressively:
The regulations affect the vast majority of businessmen and professionals who issue invoices using computer systems.
For example, those who issue only manual invoices under certain regimes, or operations already covered by other systems such as the SII or regional territories with their own regulations (Basque Country, Navarra), are left out.
Adopting the VERI*FACTU system provides benefits such as increased legal security, administrative efficiency and better document management.
It also reinforces trust in the face of tax inspections and improves the relationship between company and administration.
However, non-compliance can result in significant penalties: the use of non-compliant or manipulable software can result in fines of up to 50,000€ per year for users, and even higher amounts for developers of programs that do not comply with the regulations.
There are a number of steps that will help ensure proper compliance with this system, which are:
VERI*FACTU represents a Steady step towards the scanning and fiscal transparency in Spain.
More than an obligation, it is a timeliness to optimize processes, improve the reliability of accounting information and reinforce trust with management.
Preparing in advance is the best strategy to ensure a smooth and secure transition to this new e-invoicing model.
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