- Introduction of Standardized Electronic Invoicing: Starting in January 2025, Côte d’Ivoire will implement mandatory standardized electronic invoicing, led by the Direction Générale des Impôts (DGI), to enhance fiscal compliance and improve tax administration.
- Implementation Framework: The legal foundation for the new system has been approved, with a ministerial decree set to outline a phased implementation process, allowing businesses time to adapt during a transitional period until the end of Q1 2025.
- Inclusivity for Economic Operators: The electronic invoicing system will apply to all economic operators, ensuring that traditional paper invoice elements are incorporated into the electronic format for seamless compliance.
- Support for SMEs: While larger businesses may find the transition easier with the FNE platform for invoice certification, smaller enterprises may face challenges, prompting the DGI to provide guidance and support for smooth adoption.
- Enhanced Compliance Features: The new system includes real-time numbering of invoices, mandatory electronic tax stamps validated by the DGI, and archiving requirements for electronic invoices ranging from 6 to 10 years, reinforcing fiscal control and transparency.
Source RTCsuite
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