The Anti-Fraud Law 11/2021 marks a turning point in the invoicing processes for self-employed and SMEs. This regulation, designed to prevent tax fraud and modernise administrative management, establishes new requirements for invoicing systems. Among the most important points, it highlights the prohibition of dual-use software and the mandatory use of approved tools that ensure the integrity of accounting information.
Non-compliance can be costly, with fines of up to €50,000 per uncertified programme and €10,000 per manipulated or destroyed invoice. Furthermore, traditional methods such as spreadsheets or PDF invoices will no longer be valid, making the transition to certified systems urgent.
These new requirements will force many companies to improve their investment in digitalisation, as the new demands include:
- Secure and complete recording of accounting information.
- Prevention of manipulation by third parties.
- Automatic data transmission to the Tax Agency through the VeriFactu system.
To facilitate this transition, SMEs and self-employed can benefit from various aids found in the Galician Economic Office‘s aid search engine, in different Xunta bodies, or at the national level, such as the Digital Kit programme, a subsidy financed by European Next Generation EU funds that covers the implementation of approved software. These aids allow for the modernisation of invoicing systems without a significant economic impact.
Don’t wait for sanctions; request a consultation with the programme experts who will guide you through every step to ensure your company complies with the Anti-Fraud Law simply and efficiently, while you focus on growing your business.
