Global Recent developments – E-Invoicing, Real Time Reporting, SAF-T

Updated: October 23, 2021

Albania

• Albania B2B and B2C e-invoices 2021

Belgium: Included in 2022 Budget – No details yet

• Belgium e-invoicing proposal to combat €3.6 billion in missing VAT
• Budget agreement: Gradual transition to E-invoicing (and Real Time Reporting?) for B2B transactions
• Walloon region will make e-invoicing the preferred method for B2G transactions in 2022

Bolivia

• Bolivia to recommence implementation VAT e-invoicing
• How eInvoicing in Bolivia Works?

Bulgaria: Draft mandatory E-invoicing as of 2023

• Bulgaria e-invoice proposal 2023

Chile

• DTE e-invoice – Global pioneer in electronic invoicing now being copied around the world

Egypt: Mandatory B2B E-Invoicing as of April 2023

• Full Egyptian B2B invoicing by April 2023

European Union: Fiskalis meeting Oct 27-29, 2021

• EU Transaction Based Reporting TBR VAT options
• EU VAT in the Digital Age reforms update – 3 reforms – E-Invoicing/RTR, platforms/e-commerce, single EU VAT registration

France: Mandatory B2B E-Invoicing, gradual implementation as of 2024

• France has announced a mandatory E-invoicing start date
• VAT and mandatory e-invoicing; new effective date of 1 July 2024
• French Government clarifies new requirement for transmission of electronic invoicing and payment data as from 1 July 2024
• Where does France stand after the publication of last week’s CTC specifications?
• Update externa specifications file with respect to upcoming e-invoicing B2B & e-reporting mandate
• Entry into Force of the New e-Invoicing and e-Reporting Rules Postponed by 18 Months

Greece: myDATA delayed till 2022

• myDATA: sales invoice reporting goes ahead; purchase reporting delayed to Jan 2022
• myDATA: How do companies transmit data under article 45 of the VAT Code? (profit margin)

Hungary

• Real Time Invoice Reporting – Important rollout dates
• All you want to know about Real Time Reporting in Hungary

Italy: Changes per Jan 1, 2022

• The system of pre-completion of VAT returns through electronic transactions is implemented – What changes from 1.1.2022 in electronic invoicing
• All what you need to know about upcoming changes on B2B E-Invoicing per Jan 1, 2022
• Electronic invoices will not be available for those who have not joined the consultation service per Oct 1, 2021

Japan

• Japan becomes the newest Peppol authority

Kenya

• Guidelines on implementation of VAT (Electronic Tax Invoice) Regulations, 2020
• Public Notice on Implementation of VAT (Electronic Tax Invoice) Regulations

Latvia: No details yet

• Latvia to Introduce Mandatory E-Invoicing for B2B and B2G Transactions

New Zealand

• New Zealand death of the tax invoice March 2022?

Paraguay

• E-invoice Marangatú rolls out 2022 – SIFEN

Philippines: E-Invoicing as of July 1, 2022

• E-invoicing System EIS full launch 1 July 2022

Poland

• Mandatory B2B E-invoicing as of 2022
  • Poland passes legislation to implement e-invoicing by 2023
  • Ministry of Finance invites you to test the National System of e-Invoices
  • The Ministry of Finance starts testing the National System of e-Invoices
• Real Time Reporting
  • Real time invoice reporting in Poland from January 2022
• SAF-T: Jan 2022 updates
  • JPK V7M/K – the Polish version of SAF-T – faces January 2022 updates
  • JPK V7M/K Schema Changes from 1 January 2022

Romania: E-invoicing implementation, gradual as of 2022

• SAF-T
  • Romania SAF-T: Updated Guidance Released
  • Compliance with the New SAF-T Rules in Romania
• E-Invoicing
  • Romania eFactură electronic invoices phased launch 2022-23
  • eFactură system – Gradual implementation, start with B2G, later B2B

San Marino

• E-invoice Requirement for Companies Selling Goods in Italy, voluntary Oct 1, 2021, Mandatory as of July 2022

Saudi-Arabia: Mandatory B2B E-invoicing as of 2022

• Proposed Amendments to Saudi Arabia’s VAT Implementation Regulations (VATIR): What is Changing?
• Saudi Arabia e-invoices (FATOORAH) 4 December 2021
• Phased Electronic invoices in two phases: Introduction (Dec 2021) and Integration (Jan 2023)
• ZATCA published indicative list of the E-invoicing solution providers
• Public consultation on the implementing regulations on the e-invoicing regulation
• Draft VAT legislation proposes changes for e-invoicing
• ZATCA proposes amendments to the VAT Implementing Regulations on E-Invoicing

Serbia as of 2022

• Serbia introduces e-Invoicing from 2022
• Serbia expects to have a much faster VAT refund due to the new e-invoicing system
• User guide (instructions) for the electronic invoicing system in Serbia

Slovakia: Introduction in 2022

• Slovakia to introduce a new e-invoicing system in 2022

Spain

• Electronic Invoicing Will be Mandatory for Spanish Companies

Tanzania

• Electronic invoicing in Tanzania

Ukraine: SAF-T as of 2023

• SAF-T: Transactional level data, initially on-demand but mandatory for all by 2027
• Ukraine SAF-T coming in 2023!

United states

• Federal B2B electronic invoicing pilot launched in 2nd half of 2021

Other

• SAP S/4HANA 2021 – E-invoicing and statutory reporting made easy with SAP Document and Reporting Compliance
• Peppol Continuous Transaction Controls Reference Document – Learn about the models implemented globally
• The advantages of real-time reporting through the eyes of the experts