As many as 16 countries in the European Union (EU) could soon require businesses to use e-invoicing software when filing accounts.
New data shows nine nations have already confirmed e-invoicing will become mandatory for B2B transactions by 2025 and seven others have announced plans to consider such a move.
While many of these countries – indeed, much of the entire continent – already insists on e-invoicing being used for B2G transactions, the next three years will mark a turning point where electronic systems become widely mandatory for the B2B sector.
Source Innovate Tax