- The French government has mandated electronic invoicing (eInvoicing) for public procurement, with the requirement for economic operators to submit eInvoices effective from January 2020, following the transposition of Directive 2014/55/EU into national law through the Business Growth and Transformation law (PACTE) in May 2019.
- A phased implementation plan requires all businesses to accept eInvoices by September 2026, with large and medium-sized companies required to use eInvoicing and electronic reporting by then, while small businesses will follow by September 2027. The platform Chorus Pro will facilitate these processes, transitioning to a decentralized model with certified service providers for invoice transmission.
- The legislation outlines the use of various electronic formats, including UBL and CII, and mandates eReporting for B2C and cross-border transactions, with the aim of reducing administrative burdens and enhancing tax compliance through real-time data collection and aggregation.
Source ec.europa.eu
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
