The Create and Grow Law and business digitalization: keys to implementing electronic invoicing in your company

Business digitalization and the Create and Grow Law: keys to electronic invoicing

The Create and Grow Law was enacted with the goal of modernizing business activity in every sense. It seeks to automate and digitize actions, and electronic invoicing, which will be mandatory for all SMEs and self-employed individuals by 2026, is one of the most important elements.

The idea is clear: to facilitate transactions, make them more transparent, and combat tax fraud. This provides greater credibility and reliability in commercial transactions for both parties, the customer and the company.

At CEGID we have numerous specific solutions to apply the law that introduces mandatory electronic invoicingLearn what you need to know to make the transition easier:

1. Implementation deadlines

The Create and Grow Law for the self-employed has a set implementation period. For SMEs, electronic invoicing will be mandatory on January 1, 2026, while for the rest of the self-employed the obligation will become general on July 1, 2026. Therefore, you'll need an electronic invoicing tool by that date.

2. Software approval

Any electronic invoicing software must be approved and authorized by the Spanish Tax Agency (AEAT). Specifically, it must be compatible with the Veri*Factu system so that it can be verified by the Instant Information System (SII) of the Spanish Treasury. invoices are sent, recorded and consulted in real timeThere is a list of companies, including CEGID, that provide AEAT-compliant billing solutions.

3. What should the electronic invoice include?

Electronic invoicing is a necessary step in the business digitizationThe first thing you should know is that, in no case, a traditional PDF is compatible, only authorized software that allows you to identify that invoice in a clearly recognizable way, with Facturae XML language.

In addition, it must contain everything previously required: company name or seller and customer name, tax information, address, invoice number, date, item, units, tax withholdings, and the total. Finally, it must include: certification or electronic seal.

In summary…

Business digitalization will continue to grow with the Create and Grow Law, and electronic invoicing is a challenge. With CEGID, it will be much easier for you to adapt to the process and avoid administrative sanctions. Contact us without obligation!