E-Invoicing Developments in August 2021 – This is THE overview

Highlights

• Upcoming mandatory B2B E-Invoicing
  • Bolivia (December 2021)
  • France (2023-2025)
  • Italy with San Marino (July 2022)
  • Poland (2022 Optional, 2023 Mandatory)
  • Saudi Arabia (Dec 4, 2021)
• Even more countries think about it – Japan, Vietnam, Spain, Paraguay, United States
• B2G Developments in Cyprus and Romania 

 

World

• What is an e-invoice?
• The role of e-invoicing and shared services at Mondelēz International

AFRICA

Egypt

• All you need to know about E-Invoicing in Egypt

Kenya

• Tax authority confirms 1 August roll-out of e-invoicing

Lesotho

• Implementation of VAT e-invoicing solution

ASIA

Japan

• Japan considers Peppol as countrywide e-invoicing standard as of fall 2022

Vietnam

• Draft Circular of the Ministry of Finance guiding the implementation of Decree No. 123 on e-invoicing

EUROPE

• Developments of E-Invoicing/Digital VAT reporting in Europe

Cyprus

• Mandatory B2G e-invoicing is anticipated in Cyprus in 2022
• Cyprus Public Consultation on the bill which will make e-invoicing mandatory for B2G transactions as from 1/1/2022

France

• The electronic signature, the key to the digital transformation of companies
• Novelties regarding e-invoices in France

Italy

• Italy Publishes Technical Rules for Electronic Invoicing for Transactions with San Marino

Poland

• E-invoice accepted by the Council of Ministers (Aug 31, 2021)
• Data in the National System of e-Invoices will be safe
• Poland starts with the public consultations on the draft act introducing the e-invoice
• National System of e-Invoices – draft version of the logical structure of e-Invoices – Optional use delayed till Jan 1, 2022
• New draft law on structured invoices and the National System of e-Invoices
• Draft version of the e-Invoice logical structure released by the Ministry of Finance
• Poland: Krajowy System e-Faktur moves to next phase of legislative process

Portugal

• How to Prepare for 2022 E-Invoicing Changes (QR/ATCUD)
• Portugal Provides Deadline Extensions for Monthly and Quarterly VAT Returns and Relaxed e-Invoice Requirements

Romania

• RO Govt. sets in place electronic invoicing system (B2G) as of Sept 1, 2021

Spain

• Ticket Bai Spain’s New Invoicing and Tax Compliance System
• Biscay province (Spain) has deferred the implementation of BATUZ to 1 January 2024
• Spain steps closer to mandatory B2B e-invoicing
• Spain to extend mandatory e-invoicing to the B2B sector
• Spain initiates work to introduce mandatory B2B e-invoicing

LATIN AMERICA

Bolivia

• Resolution on e-invoicing, 6 types of invoicing mechanisms, effective December 1, 2021
• List of 171 Taxpayers that Must Implement Online Invoicing System
• Bolivia is taking steps to implement its electronic billing system in December

Colombia

• Deadline for the Purchase Support Document has been postponed from August 1st to January 2022

Paraguay

• Mandatory E-Invoicing – Dates set for Pilot and Voluntary participation phase

Uruguay

• Tax Authority Extends Deadline for Reporting Software Solutions Used to Issue Electronic Invoices

MIDDLE EAST

• GCC: E-Invoicing: Beyond VAT, what about Transfer Pricing?

Saudi Arabia

• E-Invoicing – Detailed Guidelines
• Simplified Guide: E-Invoicing (FATOORAH) Phase One Requirements
• Saudi Arabia Publishes E-Invoicing Guidelines
• Saudi Arabia Makes Electronic Invoicing Mandatory – 2 phases
• Saudi Arabia issues e-invoicing guidelines: Are you ready for the deadline?
• ZAKAT issued Introductory Guide to E-invoicing

NORTH AMERICA

• US launched e-Invoicing market pilot