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Understanding the Impact of New E-invoicing Laws on Businesses in the EU

  • All countries in the EU will soon be required to have a functional e-invoicing system
  • This will affect all local and foreign-owned businesses that send or receive invoices in the EU
  • E-invoicing is a secure and accurate way of exchanging invoice documents digitally
  • The EU is switching to mandatory e-invoicing as part of the VAT in the Digital Age initiative
  • The current planned timeline for full e-invoicing in the EU is 2028, but 2030 may be more realistic
  • Scandinavia has adapted to e-invoicing the best so far
  • Other EU countries have varying progress towards implementing e-invoicing
  • France, Romania, Spain, Hungary, Germany, Italy, and Belgium all have different timelines for e-invoicing implementation

Source: leinonen.eu

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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