E-Invoice Mandate Implementation Issues:
- The Romanian state’s mandatory e-Invoice system, effective from January 1, 2024, has caused significant disruptions.
- Representatives from NextUp Solutions, a software company, criticize the state for inadequate management and rudimentary implementation, leading to chaos in the entrepreneurial environment.
Incompetence and Unpreparedness:
- The state is accused of showing incompetence in digitization, evident through multiple errors in the e-Invoice system.
- State institutions threaten fines for non-compliance, but ANAF (National Agency for Fiscal Administration) is unprepared for the expected volume of tax information, with the existing infrastructure handling less than 25% of the estimated documents.
Distrust and Frustration Among Taxpayers:
- NextUp Solutions’ Managing Partner, Roxana Epure, notes that the state’s promises of efficiency and simplification have not materialized.
- The e-Invoice system’s errors and the state’s blame-shifting have created a relationship of distrust from the taxpayer’s perspective, leading to increased frustration.
Impact on Businesses and Acceleration of Digitization:
- Companies nationwide face technical and administrative challenges due to e-Invoice errors, resulting in wasted time and money.
- The difficulties have prompted businesses to accelerate the adoption of invoicing software, with a reported increase of more than 50% in demand within the first two weeks of January.
Entrepreneurial Challenges in Submitting Invoices:
- Entrepreneurs are grappling with the manual submission process on the Ministry of Finance system, which can be time-consuming.
- The complexity of converting invoices from PDF to XML and the need to upload them to the SPV (Virtual Private Space) within a tight timeframe have added to the burden, potentially leading to fines if not done promptly.
Source Hotnews.ro