Get ready for Crea y Crece Law
¿What does the law Crea y Crece Law consist of ?
Building a company in Spain is now much easier thanks to the Business Creation and Growth Law, the Crea y Crece Law.
Law 18/2022, also known as the Crea y Crece Law, was published in the BOE on September 29, 2022 with the aim of promoting the creation of companies and facilitating economic activity. One of the stellar measures of this law is to promote the adoption of electronic invoice:
The drive for the adoption of electronic invoice and the extension of the obligation to issue and send electronic invoices to all companies and self-employed workers in their commercial relationships will guarantee greater traceability and control of payments between them, in addition to knowing the effective payment terms , an essential requirement to be able to reduce late payments effectively.
SAP solutions to adapt to the Crea y Crece Law
¿What is an Electronic Invoice ?
An electronic invoice is a legal invoice, which is issued and received in a structured electronic digital format, which must have been previously agreed upon and defined by the Government. It has the same validity as a paper invoice, but in electronic format.
This it must be legible and electronically signed. In addition, it must include all the necessary detailed information.
According to the draft, the minimum mandatory elements that must be included in all electronic invoices issued in Spain to comply with fiscal and administrative requirements are:
Detailed information about the issuer and recipient of the invoice (name, address and tax identification)
Invoiced concepts
Amounts (tax base, taxes and total)
Invoice number
Date of issue
Our services are designed so that you can easily adapt your SAP installation to the Crea y Crece Law
ANALYSIS
Global analysis of your current situation, to help you prepare for the implementation of the Law
B2B BILLING BASE
Standard implementation of SII, Veri*Factu and/or B2G Billing to be able to have the basis of B2B electronic billing prepared
HARMONIZATION
Analysis of the national/international situation to make a decision on which solution should be implemented according to your case and personalized roadmap
IMPLEMENTATION
Technical implementation of the new regulation once it is released by SAP
CUVIV WEBINARS
We offer bimonthly webinars so you can stay up to date on updates and news about the Crea y Crece Law.
Implementation of the Crea y Crece Law starting today
Definition of roadmap until the date of application and completion of the project in phases:
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Preparation phase: Based on business workshops, we create a functional document of the impacts of the Crea y Crece Law on your organization: channels for issuing invoices issued, channels for receiving invoices received, adapt to the late payment law, see the impact of Veri*Factu,… In addition, we analyze with the client the business case for automating invoices received from those who are not obliged to send the electronic invoice.
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Monitoring phase: Throughout the project period we will monitor the Law and any modifications to reflect them in the BBP document, in addition to informing the client of the changes.
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Implementation phase: After the publication of the SAP solution, we started the technical project according to SAP's needs: uploading notes for the eDocument, system parameterization and connections through the BTP.
We help you adapt to the Crea y Crece Law