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Amendment of VAT Regulations for Selected Industries: Mandatory Digital Sales Registration System by 2024

  • Proposed technical amendment to the VAT regulation
  • Certain selected industries required to use digital sales registration systems
  • Approximately 12,500 businesses in four selected industries mandated to use digital sales registration systems from January 1, 2024
  • Update of Danish industry codes by Denmark Statistics as part of international industry nomenclature updates
  • No material impact on which industries are required to use digital sales registration systems
  • New industry codes to come into effect on January 1, 2025.

Source: hoeringsportalen.dk

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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