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German Parliament Advances Growth Opportunities Act for Mandatory E-Invoicing Implementation

  • German Parliament’s Mediation Committee made progress on Growth Opportunities Act for e-Invoicing on February 21, 2024
  • Electronic invoices will be mandatory in Germany from January 1, 2025
  • Companies with turnovers over EUR 800,000 must use e-Invoicing for domestic B2B transactions by January 1, 2027
  • All German-established entities must comply with e-Invoicing requirements from January 1, 2028
  • Mediation Committee will reconvene on March 22, 2024 to further discuss the legislation.

Source: tpa-global.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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