- German Ministry of Finance has published a draft letter on upcoming e-invoicing mandate
- E-reporting requirements will be introduced later
- Businesses must be able to receive e-invoices by January 2025
- Businesses will be required to issue electronic invoices in phases between 2027 and 2028
- E-invoicing mandate will cover all domestic transactions, except for certain types of invoices
- Requirements apply to businesses established in Germany
- Input VAT deductions will only be possible using electronic invoices
- Draft letter open for comments, final publication planned for beginning of fourth quarter of 2024.
Source: fonoa.com
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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.
