- A new law was published on February 20, 2024 in Belgium, requiring structured electronic invoices to be issued between taxpayers
- The obligation to issue electronic invoices is part of the European project “VAT in the digital age” to combat VAT fraud
- The invoicing rules are based on existing rules for transactions between private and public sectors, including government contracts
- Electronic invoicing applies to all purchases and sales of goods and/or services in Belgium between VAT-registered businesses
- Certain entities are excluded from the e-invoicing rules, such as those under a flat-rate VAT scheme or bankruptcy
- The recipient of the invoice is required to accept it
- Technical details for issuing, sending, and receiving electronic invoices will be provided in a Royal Decree
- The use of the European PEPPOL network is likely to be recommended for structured electronic invoicing, unless parties agree on a different network.
Source: seeds.law
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.
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
