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European Standard for Electronic Invoicing Model

  • Definition and Purpose: This European Standard establishes a semantic data model for electronic invoices, focusing on essential information required for compliance with legislation and ensuring interoperability in various trade contexts, including public procurement and B2B transactions.
  • Compliance and Compatibility: The model is technology neutral and aligns with international electronic invoicing standards, while also adhering to data protection requirements outlined in Directive 95/46/EC and relevant provisions of Directive 2006/112/EC.
  • User-Focused Design: The standard aims to facilitate the development of practical, flexible, and cost-effective electronic invoicing systems, addressing the specific needs of small and medium-sized enterprises as well as sub-central contracting authorities.

Source nbn.be

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