VATupdate

Share this post on

Germany’s Digital Revolution: E-invoicing Requirement Will Come into Force in 2025

  • Germany has introduced mandatory electronic invoice exchange between companies with the approval of the Growth Opportunities Act in March 2024.
  • From January 1, 2025, German companies must be able to receive electronic invoices in the formats of the CEN standard EN 16931, and paper invoices will no longer have priority.
  • From January 1, 2027, larger companies with an annual turnover of more than EUR 800,000 must send electronic invoices, and from January 1, 2028, the B2B obligation to exchange e-invoices will be extended to all other companies. Transition periods and exceptions apply, including a transition period for existing EDI invoices.

Source Comarch


Click on the logo to visit the website


  • Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

 

Sponsors:

VAT news

Advertisements: