E-Invoice, taxes and the Tax Office: What is SII?

The new e-Invoice Law will be one year old in the next few days. From viafirma, we would like to take advantage of the context and give you some updates about its requirement to be used. In addition, we will take you through a new legislation that will come to force in 2017, SII – System of Immediate Delivery System of  Information- that will change how e-invoice and e-adminitration works. 

Earlier this 2015 we informed of all developments that brought with it the new Law on Electronic Invoicing. This law mainly affected companies and entrepreneurs who issued invoices to the Public Administration and public universities and social security agencies. 

All electronic invoices with these public entities should be submitted through the platform Face Facturae format. If you still do not know what you ‘re talking about here we leave more information.

If we were to take stock of the benefits in terms of electronic invoicing in this year , we note that its use is on the rise because it is a safe and effective resource for companies as well as being much cheaper than print, something which also it produces a great impact on the environment.

Moreover, management of electronic invoices has emerged as a control mechanism of tax fraud. But we are aware that the road to the adaptation of new technologies is long and sometimes the user can be tedious to walk.

It is for this reason that Viafirma pulled into the market Viafirma e-invoice also help many companies and government agencies to manage electronic invoices easier, soon will become increasingly important with the entry of new regulations : The SII.

In January 201, in just one year, it enters into force on Immediate Delivery System Information. This system will become something revolutionary in terms of the management of VAT. And it is that from January,  the information of commercial transactions must be carried out in real time.

The objective of SII is that the Treasury has greater ease of making real checks for all those who are attached to the system time. The VAT registration books will be online through the website of the AEAT (State Tax Administration Agency.

Faced with this new regulation , it is advisable that all companies , including SMEs are not subject to the law, should prepare and including new electronic invoicing systems before the time is running. And we give you this bit of advice because we are aware that many companies had problems when reformed to benefit from the Electronic Invoice Law of 2015.

SII sets maximum time four days from the time that emit or receive an invoice and this is where the electronic invoice will help meet these times, as the information is available in the systems themselves.

In principle , only firms with a turnover of more than six million euros , which are registered in the monthly refund regime or are members of VAT groups are required to provide this information to the Tax Office. So there is no real reason -for the moment- “pre – employment ” for most companies.

However, although this hypothetical scenario possible technical solution for large , medium-sized enterprises or SMEs is long in the market at your disposal . As mentioned earlier, we have developed  Viafirma e- invoice by which the management of the electronic invoice will be much easier to perform since it incorporates different versions Facturae formats and automatic shipping Face the platform.

To adapt to the new rules of SII,  Viafirma commitment to advanced electronic signature making procedures will prove simple as it adapts to the specific needs . In addition , our system of electronic signature guarantees the integrity and authenticity of the information meeting recommended by the Ministry of Finance format.

Given the changes that are occurring in the use of both the signature and the electronic invoices, we recommend you start with the formalities as soon as possible renewal of your company to new technologies and new management systems suit.

From Viafirma, we will continue bringing you all the updates and new legislation that may occur in the use of electronic invoicing, as well as electronic signatures and public authorities. Please feel free to ask if you have any questions.

See you all next week! 🙂