- Hungary will mandate e-invoicing for the energy sector starting January 2025
- The mandate applies to electricity and natural gas suppliers, including traders, distributors, and transmission system operators
- Non-private entities such as partnerships, trusts, corporate companies, and NGOs are included in the mandate
- The aim is to prevent VAT fraud in electricity and natural gas transactions
- E-invoices must be electronically archived according to current VAT rules
Source: regfollower.com
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.
