Electronic invoicing is on the rise across the globe — although at a varying pace in different regions. Today, we look at the Central and Eastern European countries, including the Baltics (Estonia, Latvia, and Lithuania), Poland, Hungary, Romania, and Bulgaria. Even though most countries are far from widespread e-invoicing adoption and continuous transaction monitoring, the changes currently implemented are notable.
It is expected that 2025 will mark a breakthrough in the e-invoicing policies in most European countries. The EU’s Next Generation funds will partly drive the taxation digitalization in Europe, together with business, industry, and public administration transformations. As part of these processes, the EU strives for a change in organizational culture across the continent that would place a focus on new technology adoption.
Source: 1stopvat.com
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