HELPING YOU TO COMPLY WITH THE E-REPORTING AND E-INVOICING OBLIGATIONS
What is SII
The Spanish e-reporting is one of the 14 EU Member States having, or in the process of it, introduced “Digital Reporting Requirements” (DRR), as described in volume 1 of the report dedicated to the “VAT in the Digital Age” by the European Commission.
SII is just the obligation to electronically provide relevant VAT data referred to issued and received invoices to the Spanish Tax Agency (AEAT), in a certain format and time. Among the possible options, Spain’s SII qualifies as a “Continuous Transaction Control” system following the “real time” modality.
Contrary to what happens in other DRR options, SII does not involve the use of mandatory e-invoices. It is however to be mentioned that, when the intended Spanish e-invoice regulation for the private sector is implemented (foreseen for 2024), reporting obligations resulting therefrom will be integrated within the SII for the case of taxpayers within its scope.
The Royal Decree 596/2016, of 2 December, for the modernization, improvement and promotion of the use of electronic means in the management of the Value Added Tax. Among other novelties, the obligation to file in almost “real time” basis the data corresponding to all the transactions included at the VAT books introduced the, so-called, “Immediate Information System” or SII. The filing is to be made electronically through the website of the Spanish Tax Agency.
This obligation has been in force since 1st July 2017, although affecting to transactions incurred since 1rst January 2017. It affects companies, resident or not, having to file monthly VAT returns, namely:
Those considered as “large entrepreneurs” for VAT purposes
(turnover in Spain over EUR 6.000.000).
Those applying the so called REDEME
(special monthly VAT refund regime).
Those belonging to
Spanish VAT Groups.
Companies within the scope of the SII are meant to submit at the website of the Spanish Tax Agency the required data in a XML file meeting the standards set by the authorities. The deadline to comply with this obligation is 4 days from the moment the sale invoices are issued or the received invoices are accounted for. The possibility to set up a webserver which automatize the filing procedure is contemplated by the authorities.
Want to know more about SII?
SII
Official site
SII Portal
Virtual assistant
Deadline calculator
General information
Regulations
SII
Solutions
Native solution
Support when adopting an internal solution
In case that the company may require an external support when developing an SII reporting solution internally, we can help your developing team when:
- Parameterizing the master data of the company ERP as may be required for the SII internal reporting solution to generate the required SII XML reports.
- Addressing those incidences which may arise during the testing period for the implementing of the internal SII reporting solution.
- Once the internal SII reporting solution is implemented:
- Addressing those incidences which may result in the functioning of the SII reporting solution (see the tab of our outsourcing SII supporting service in the menu)
- Enhance the SII reporting solution with additional functionalities (i.e. process definition, files repository, reconciliation module, VAT reporting module).
The provision of these services will be supported with our tool PlatformVAT SII. You can apply for a demo at the corresponding tab of the Menu for the case that you are interested to know more of its features and functioning.
External solution
Support when adopting an external solution
In case that the company may require support when deciding the alternative to use an external SII reporting solution, we can help your internal team when:
– Parameterizing the master data of the company ERP as may be required for the implementation of the external reporting solution.
- Once the external SII reporting solution is implemented:
- Addressing those incidences which may result in the functioning of the SII reporting solution (see the tab of our outsourcing SII supporting service in the menu)
- Enhance the SII reporting solution with additional functionalities (i.e. process definition, files repository, reconciliation module, VAT reporting module).
The provision of these services will be supported with our tool PlatformVAT SII. You can apply for a demo at the corresponding tab of the Menu for the case that you are interested to know more of its features and functioning.
Outsourcing SII
Outsourcing of the SII reporting
I.3.1. SII full outsourcing service:
Depending of the circumstances, it may not be worthwhile for the company that its IT department develops an internal SII reporting solution or implements an external module, either the native solution provided by the ERP or the bolt-on solution provided by a third party such as the licensing of an external SII reporting solution provided by a third party to be connected with the ERP so to automate the SII reporting process.
For this case, we offer our full SII outsourcing service whereby we take care of the compliance with the company SII reporting obligations on its behalf. We provide this service through our solution PlatformVAT SII, which would allow the company to access all its enhanced features (i.e. process definition, files repository, reconciliation module, VAT reporting module).
You can apply for a demo at the corresponding tab of the Menu, in case you are interested to know more of PlatformVAT SII and its features.
I.3.2. SII supporting service:
For the case that the company has already implemented internally a SII reporting solution and takes care of its SII reporting obligations, it may still be interested in an external support for addressing to the incidences which may arise during the SII filing process or resulting from the filed SII reports. The provision of this service will be supported with the use our tool PlatformVAT SII, which would allow the company to access all its enhanced features (i.e. process definition, files repository, reconciliation module, VAT reporting module).
You can apply for a demo at the corresponding tab of the Menu, in case you are interested to know more of PlatformVAT SII and its features.
I.3.3. Licensing of PlatformVAT SII:
For the case that the company prefers assuming internally the compliance with its SII obligations, we license our on-line application PlatformVAT SII so it can access our external SII reporting tool which would allow to automate the SII reporting obligations and make use of its enhanced features (i.e. process definition, files repository, reconciliation module, VAT reporting module).
You can apply for a demo at the corresponding tab of the Menu, in case you are interested to know more of PlatformVAT SII and its features.
Request a demo
News
Stop the clock and start preparing for e-invoicing.
Apply for voluntary SII.
1st January is the date for homologated invoicing .
If the SII does not apply, opt-in for it.
About us
Manuel Pérez de Algaba
Indirect Tax Partner
mpalgaba@ivaconsulta.com
Gloria Rodríguez
Financial Manager
Pablo Luján
Indirect Tax Partner
Eder Cruz
IT Manager
