The new provision lays down the following obligations in this respect:
Listed companies are required to publish in both their annual reports and on their corporate websites, in addition to information on their average payment periods to suppliers (an existing obligation), information on the monetary value and number of invoices paid in a period below the maximum period laid down in the legislation on late payment, as well as the percentage that those invoices bear to the listed company’s total number of invoices with its suppliers, and to the aggregate monetary value of payments to suppliers.
Unlisted companies that do not file abridged financial statements are required to publish in their annual reports the same information as that described in point 1. The obligation to include this information on the website has been made to depend on whether those companies have a corporate website.
No specific date has been stipulated for the entry into force of this provision, so it will take place 20 days following its publication in the Official State Gazette.