- The Krajowy System e-Faktur (KSeF) will be mandatory in Poland for VAT taxpayers in seven months and for all entrepreneurs from the beginning of 2025.
- Only 40% of business owners have heard of KSeF.
- KSeF allows businesses to issue and receive invoices and archive them for ten years.
- To use KSeF, businesses need to have the appropriate invoicing software.
- Starting from July 1, 2024, KSeF will be mandatory for all Polish VAT taxpayers and from January 1, 2025, for other entrepreneurs.
- Using KSeF allows for a shorter VAT refund period of 40 days instead of 60 days.
- Some business owners mistakenly believe that once they issue an invoice in KSeF, all their invoices must be issued in the system, which is not true.
- To start using KSeF, businesses need to authenticate themselves in the system.
- For sole proprietorships, authentication can be done using the NIP number and a trusted profile or qualified signature.
- For companies, authentication requires a qualified seal or submitting a form to the tax office and designating a representative for KSeF.
- Companies should start thinking about designating a representative and handling the necessary formalities in advance to avoid delays when KSeF becomes mandatory.
Source: podatki.gazetaprawna.pl
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.
