Last update: June 29, 2024
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January 1, 2024
- Bahrain
- Proposal – Implementation of E-Invoicing
- Spain – Bizkaia
- Only large companies will be obliged to comply with the TicketBai regulation, while small and medium-sized companies, micro-enterprises, self-employed, small cooperatives or non-profit entities will be incorporated progressively in windows to be opened every six months.
- TicketBAl: software registered in the guarantor software registry
- Generate an XML file in the TicketBAl format schema, before or as the invoice is issued
- Apply an Electronic signature on the TicketBAl file
- Create a ’chaining process” on the TicketBAl file
- Generate Invoice: paper or electronic with QR Code and the TicketBAl unique ID
- LROE: e-ledger where taxpayers must document economic activities and report financial information to the tax authority
- Model 240 (companies) comprised of six chapters
- Subchapter of Invoices Issued with Guarantor Software
- Companies under SIl: four days from operation completion
- All other companies: quarterly transmission
- Sl obligation as fulfilled by sending the LROE
- Denmark
- Standard DBS must be registered
- Enterprises liable to present their annual report in accordance with the Danish Financial Statements Act and the rules of reporting class B-D must apply a digital accounting system
- Germany
- In Rhineland-Palatinate (Rheinland-Pfalz), e-invoicing will be mandatory from January 1st, 2024
- Greece
- Phase 2 B2G: Mandatory e-invoicing implementation for public contracts in Greece
- Mexico
- Mandatory use of the Carta Porte V.3.0.
- Paraguay
- B2C e-invoices when the operation exceeds PYG 35mil (approx. USD 4,700) or its equivalent in foreign currency
- Romania
- B2B e-reporting for both established and non-established companies
- Tax technical regulations to be issued
- Saudi Arabia
- Sixth wave of E-Invoicing implementation
- Thailand
- By 2024 – service providers must be able to issue invoices electronically, archive them and deliver them on behalf of taxpayers
February 1, 2024
- Bolivia
- Group 4
- Pakistan
- Registered persons in the fast-moving consumer goods sector to transmit sales tax invoices electronically
- Saudi Arabia
- Seventh wave of E-Invoicing implementation for taxpayers whose revenues subject to VAT exceeded SAR 50 million during 2021 or 2022
March 1, 2024
- Bolivia
- Group 5
- Belgium
- Electronic Invoices for all public contracts of less than 30,000€
- Panama
- E-invoicing for certain exempted taxpayers
- Saudi Arabia
- Eight wave of E-Invoicing implementation for taxpayers whose revenues subject to VAT exceeded SAR 40 million during 2021 or 2022
April 1, 2024
- Bolivia
- Mandatory for Group 6
- Germany
- Hessen: Mandatory B2G E-Invoicing
- India
- GSTN mandates e-Invoicing for businesses with over INR 5 crores turnover from April 1, 2024
- Oman
- Voluntary E-Invoicing as of April 1, 2024, mandatory as of October 1, 2024
- Paraguay
- Mandatory E-Invoicing for the 8th group
May 1, 2024
- Colombia
- Taxpayers’ systems must be ready to comply with the sales e-invoice technical specifications v. 1.9
- Large taxpayers must issue POS tickets electronically
May 5, 2024
- Israel
- Dealers will be required to obtain a number from the Tax Authority for invoices over NIS 25,000 without VAT
May 15, 2024
- Mauritius
- taxpayers with a turnover over RS 100 million (ca. EUR 2 million), notified by MRA’s General Director, must start issuing e-invoices in accordance with VAT Act e-invoicing regulations.
May 18, 2024
- Dominican Republic
- Large national taxpayers: 12 months from the law’s entry into force
June 1, 2024
- Greece
- Phase 3 B2G: Mandatory e-invoicing implementation for public contracts in Greece
- Saudi-Arabia
- Ninth wave for taxpayers with an annual income between SAR 30 million and SAR 40 million in either 2021 or 2022
July 1, 2024
- Australia
- Proposal – Medium-sized businesses (between AUD 10 million and 50 million)
- Bolivia
- Group 7
- Denmark
- Companies using standard DBS must book digitally from the next accounting period starting July 1, 2024
- Paraguay
- Mandatory E-Invoicing for the 9th group
- Romania
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- B2B e-invoicing (centralized CTC approach) for established companies while non-established ones remain subject to e-reporting
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- United Arab Emirates
- Service Provider Certification requirements and procedures and development of Data Dictionary | Only certified SPs will send the data to a central platform of the Tax Authority.
- Development of ASP certification requirements and procedures, as well as development of UAE data dictionary
- Zambia
- Aall VAT-registered taxpayers are mandated to use Smart Invoice for issuing e-invoices
August 1, 2024
- Malaysia – (Initially planned for June 1, 2024, delayed till August 1, 2024)
- Taxpayers with an annual turnover or revenue of more than MYR 100 million
October 1, 2024
- Bolivia
- Group 8
- Oman
- Mandatory E-Invoicing
- Paraguay
- Mandatory E-Invoicing for the 10th group
- Saudi Arabia
- Tenth wave for taxpayers with an annual income between SAR 25 million and SAR 30 million in either 2022 or 2023
November 1, 2024
- Colombia
- Annex v1.0: Extended from May 1, 2024, to November 1, 2024, with specific dates varying based on the type of electronic equivalent document.
December 1, 2024
January 1, 2025
- Bolivia
- Group 10
- China
- Proposal – Fully Digitalized E-Fapiao Program
- Denmark
- Digital accounting rules come into force for companies using a non-registered accounting system (customized DBS)
- Dominican Republic
- Draft – E-Invoicing for small, micro, and unclassified
- Estonia
- Estonia is also looking into Business-to-Business (B2B) e-invoicing, specifically for invoice receipt services
- Germany
- Receiving an e-invoice according to EN16931 will be mandatory for all German B2B transactions
- From January 1, 2025, until December 31, 2026, paper invoices and e-invoices in formats that do not comply with the new requirements can still be exchanged
- Greece
- Phase 4 B2G: Mandatory e-invoicing implementation for public contracts in Greece
- Ireland
- October 2023: Public Consultation launched
- Israel
- The threshold will be reduced to 20,000 NIS (appx. 5200 euros) pre-VAT. Note that the Finance Committee may extend the pilot program through 2025
- Malaysia
- Taxpayers with an annual turnover or revenue of more than MYR 25 million and up to MYR 100 million
- Paraguay
- Mandatory E-Invoicing for the 11th & final group
- Paraguay
- B2C e-invoices: the threshold is reduced to PYG 7mil (approx. USD 900) or its equivalent in foreign currency
- Portugal
- The Portuguese 2024 Budget Law officially confirms the postponement of the requirement to use a qualified electronic signature (QES) on all electronic invoices until January 1, 2025.
- Romania
- Approved – SAFT – Small taxpayers and non-resident taxpayers will start on 1 January 2025
- Mandatory B2C E-Invoicing
- Thailand
- By 2025 – large companies should be able to issue electronic invoices
April 1, 2025
- United Arab Emirates
- Issuance of the e-Invoicing Legislation: MoF envisages that businesses will be able to contract SP and start exchanging e-invoices under 4-corner model prior to entry into force of the reporting requirement.
May 1, 2025
- Singapore
- Voluntary early adoption by GST-registered businesses (soft launch)
May 5, 2025
- Israel
- The threshold will be reduced to 20,000 NIS (appx. 5200 euros) pre-VAT. Note that the Finance Committee may extend the pilot program through 2025
May 18, 2025
- Dominican Republic
- Large local and medium-sized taxpayers: 24 months from the law’s entry into force
July 1, 2025
November 1, 2025
- Singapore
- Mandatory for newly incorporated companies that register for GST voluntarily
December 2025
- United Arab Emirates
- Roll-out strategy: Release of rollout schedule based on taxpayers’ size
During 2025 – Timetable to be announced
- Israel
- Internal Revenue Service will postpone the planned April 2024 phased launch of B2B e-invoicing – “Israel Invoices“. A new launch timetable will be announced for 2025
- Spain
- Approved (No EU approval yet) – Mandatory B2B E-Invoicing.
- Draft Royal Decree issued
- First, for large taxpayers with an annual turnover of more than 8 million Euros, 1 year after the issuance of the implementing regulation.
- Secondly, for rest of the taxpayers, 2 years after the issuance of the implementing regulation.
January 1, 2026
- Belgium
- Approved – Mandatory B2B E-Invoicing for domestic transactions
- Denmark
- Digital Accounting Systems: Rules come into force for non-accounting companies with a net turnover of more than DKK 300,000 in the two preceding income/accounting years and using a non-registered accounting system.
- Israel
- The threshold will further decrease to 15,000 NIS (appx. 3900 euros) pre-VAT.
- Latvia
February 1, 2026
- Poland
- Large taxpayers (over PLN 200 million per annum)
April 1, 2026
May 18, 2026
- Dominican Republic
- Small, micro and unclassified taxpayers: 36 months from the law’s entry into force
July 1, 2026
- United Arab Emirates
- Phase 1: MoF envisions a gradual introduction based on company size, but companies will be allowed to voluntarily opt-in for reporting earlier than envisaged timelines
September 1, 2026
- France
- Phase 1: large and medium sized-companies issue e-invoices and submit e-reporting. All taxpayers must be able to receive them. NOTE: option to extend further to 1st December 2026.
During 2025
- Spain
- Entrepreneurs and professionals with an annual turnover of over €8 million face a 12-month timeline for compliance. The remaining taxpayers have a 24-month deadline for compliance.
January 1, 2027
- Germany
- Mandatory E-Invoicing for taxpayers with annual turnover of > €800,000
- Israel
- The threshold will be 10,000 NIS (appx. 2600 euros) pre-VAT
- Thailand
- By 2027 – large companies should be able to file their tax returns electronically
September 1, 2027
- France
- Phase 2: small enterprises (les PME and TPE) must be able to issue e-invoices and comply with and e-reporting. NOTE: option to extend further to 1st December 2027.
January 1, 2028
- European Union
- ViDA
- Germany
- Mandatory E-Invoicing for all taxpayers
- Israel
- The threshold will be set at 5,000 NIS (appx. 1300 euros) pre-VAT
- Thailand
- By 2028 – all entrepreneurs should have the ability to file taxes electronically
Unclear timing
- Botswana
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Introduction of electronic billing/invoicing platforms to improve VAT compliance – First phase starts in December 2024, later phases not yet known
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- Bulgaria
- Draft – A public consultation on mandatory B2B e-invoicing is planned, as well as proposals for introducing SAF-T reporting
- Croatia
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New CTC Project – “Fiscalization 2.0.”
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- El Salvador
- Draft – Electronic documents (incl. E-Invoicing) – Decree published
- Finland
- B2B real-time reporting
- Hungary
- Draft – Hungary plans to implement SAF-T reporting in late 2022/early 2023
- Indonesia
- Plan – Government intends to implement e-Invoicing in stages
- Jordan
- Voluntary national e-invoicing network likely to go mandatory
- Latvia
- Draft – Mandatory B2B and B2G E-Invoicing, EU Commission approval needed
- Singapore
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Mandate InvoiceNow for B2G E-Invoicing
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- Slovakia
- Draft – Plan to introduce mandatory B2B and B2C E-Invoicing
- Real time invoicing may be postponed until 2025
- Slovenia
- Plan – Slovenia has announced plans to introduce B2B e-invoicing.
- Sweden
- Draft – Swedish tax authority has started work on three different types of reporting(E-Invoicing, RTR, SAF-T)
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Investigation on Mandatory B2B, G2B e-Invoicing