- The Ministry of Finance in Malta has transposed the Directive 2014/55/EU through Legal Notices 403 and 404 of 2018 under the Financial Administration and Audit Act and the Local Councils Act.
- The transposition included an extra year for compliance of non-central entities.
- The use of the European standard on eInvoicing is fully implemented, with Peppol BIS Billing 3.0 being used for CIUS and Extensions.
- However, there is no eInvoicing platform in place, and there is no monitoring mechanism.
- The fragmented picture at the sub-central level for accounting reporting is due to different accounting systems or packages used by entities and local councils.
- The Maltese government promotes eInvoicing adoption through its national strategy and the strategic plan for digital transformation of public administration.
Source ec.europe.eu
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
