Release Postponed: The final release of the OIOUBL 3.0 invoice package, originally scheduled for April 10, 2025, has been postponed to October 2025 due to ongoing inquiries and the need for further analysis. Reason for...
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ViDA legislation officially published in the EU Official Journal
Official Publication and Key Pillars: On March 25, 2025, the EU published the VAT in the Digital Age (ViDA) legislative package, marking a significant overhaul of VAT compliance. ViDA focuses on three key pillars:...
4 months ago
ViDA is Here: What It Means for Businesses and How to Prepare
Overview of ViDA: Adopted on March 11, 2025, ViDA aims to modernize VAT compliance across the EU with real-time digital reporting, expanded e-invoicing, new VAT rules for online platforms, and a single VAT registration...
4 months ago
EU ViDA Reforms: E-Invoicing and Digital Reporting Requirements Effective from 2025 to 2030
EU ViDA reforms effective from 14 April 2025 Pillar 1 introduces e-invoicing and digital reporting for B2B intra-community supplies from 1 July 2030 Ongoing work on standards, transactions, taxpayers, and e-invoicing...
4 months ago
Angola’s New Mandatory Invoicing Legislation Starts September 2025
Introduction of Mandatory Invoicing: Angola has enacted legislation requiring all taxpayers under the General and Simplified VAT regimes to issue invoices through certified software, whether electronic or not. Specific...
4 months ago
Senegal’s 2025 Finance Bill Proposes Mandatory E-Invoicing Without Specific Format or Timeline
The 2025 Finance Bill proposes mandatory electronic invoicing in Senegal No specific format or implementation timeline is included in the proposal E-invoices are to be sent through a centralized platform Source: kpmg...
4 months ago
Slovenia Postpones Mandatory B2B E-Invoicing to January 2027 to Combat VAT Fraud
Slovenia delays mandatory e-invoicing for B2B transactions to 1 January 2027 The new date is part of a draft implementing law The regime will apply to non-resident VAT registered businesses The aim is to prevent common...
4 months ago
France Delays Mandatory B2B E-Invoicing to 2027; Final Vote Scheduled for April 2025
France is considering postponing the mandatory B2B e-invoicing deadline. A committee of the National Assembly has adopted a Draft Law to delay the implementation. The initial plan was for mandatory e-invoicing in 2024...
4 months ago
Croatia to Implement Mandatory B2B E-Invoicing by 2026 Following Public Consultation
Croatia plans to implement mandatory B2B e-invoicing starting January 1, 2026 The Ministry of Finance has opened a public consultation on amendments to the Fiscalization Law The Fiscalization Law, effective since 2013...
4 months ago
Serbia Updates E-Invoicing Rules for 2025: Key Changes in SEF and VAT Regulations
B2B e-invoicing became mandatory in Serbia in 2023 for public and private sector transactions All VAT-registered businesses must exchange e-invoices Non-VAT registered companies issuing payment requests to public...
4 months ago
IRAS Releases E-Invoicing Guidelines for GST InvoiceNow Implementation in Singapore
IRAS announced a GST InvoiceNow implementation timeline for Singapore. Voluntary e-invoice transmission for GST-registered businesses starts May 1, 2025. Full implementation for other companies by April 1, 2026...
4 months ago
Namibian Finance Minister Unveils 2025/26 Budget to Boost Growth and Attract Investment
Namibian Minister of Finance presented the 2025/26 Budget Statement on 27 March 2025 The budget aims to support economic growth by broadening the tax base Focus on improving revenue mobilisation and enhancing tax system...
4 months ago
EU Updates VAT Rules to Streamline Digital Economy Compliance and Enhance Platform Regulation
EU updates VAT framework for the digital economy New rules aim to streamline VAT reporting and enhance digital platform regulation Standardized VAT digital reporting introduced for Member States VAT rules updated for...
4 months ago
ViDA package published – should we be afraid of the EU “schema”?
ViDA Package Publication: The VAT in the Digital Age (ViDA) package was published on March 25, 2025, as Council Directive (EU) 2025/516, aiming to modernize VAT settlements and enhance fraud resistance within the EU...
4 months ago
E-Invoicing & E-Reporting developments in the news in week 13/2025
New LinkedIn Group: Global E-Invoicing & Real Time Reporting developments Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and the LinkedIn pages on E-Invoicing/Real Time...
4 months ago
MDDP Webinar – KSeF – it is high time to prepare! (April 2)
REGISTER HERE The implementation of KSeF is a major challenge, but also an opportunity to bring order and innovation to companies. The process itself, depending on the size of the organisation, can take from a few to...
4 months ago
Danish Business Authority Delays OIOUBL 3 Final Release to October 2025
Final release of OIOUBL 3 postponed to October 2025 Danish Business Authority announced the delay New version of Danish e-invoicing format affected Source: orbitax.com Note that this post was (partially) written with...
4 months ago
AI-Powered Solutions Revolutionize VAT Carousel Fraud Detection in EU Banking Industry
AI-powered fraud detection is enhancing the fight against VAT fraud in banking. VAT Carousel Fraud is a major issue in the EU, costing billions annually. A Dutch bank developed a machine learning model to detect this...
4 months ago
Malaysia Introduces Phased E-Invoicing to Boost Tax Efficiency, SMEs Deadline Extended to 2026
Malaysian government introduced mandatory e-invoicing guidelines to improve tax administration efficiency Aligns with the Twelfth Malaysia Plan’s focus on digitalizing services Implementation began in phases...
4 months ago
FIRS Launches E-Invoicing and Merchant Buyer Solution to Enhance Tax Compliance in Nigeria
The Federal Inland Revenue Service has launched the Merchant Buyer Solution, an electronic invoicing system in Nigeria. The initiative aims to improve transparency, accountability, tax compliance, and revenue collection...
4 months ago
E-invoicing for 2025: How to Implement the Federal Ministry of Finance Requirements
Mandatory E-Invoicing: Starting January 1, 2025, all taxable B2B transactions in Germany must be invoiced electronically, replacing traditional paper and PDF invoices. Exemptions: Small businesses are exempt from...
4 months ago
UAE Publishes Eligibility Criteria for Accredited e-Invoicing Service Providers
Ministerial Decision No. 64 of 2025: The UAE Ministry of Finance has issued this decision detailing the eligibility criteria and accreditation process for Service Providers (SPs) participating in the national e...
4 months ago
Peppol registration considered as automatic agreement for international e-invoicing in Belgium
Upcoming B2B E-Invoicing Mandate: Starting January 1, 2026, all B2B invoices in Belgium must be transmitted via the Peppol network using the Peppol BIS 3.0 format, aiming to standardize decentralized invoice exchanges...
4 months ago
Denmark expands digital bookkeeping obligation to encompass additional entities
Expansion of Digital Bookkeeping Regulations: Denmark has broadened its digital bookkeeping regulations to include companies that previously had no obligation to submit financial reports, effective January 1, 2026...
4 months ago
The final release of OIOUBL 3 is postponed to October 2025
Delay in OIOUBL 3 Release: The final release of OIOUBL 3, originally scheduled for April 10, 2025, has been postponed to October 2025, as announced by the Danish Business Authority. Reason for Postponement: The delay is...
4 months ago
Mandatory Electronic Invoicing and Electronic VAT Reporting
Mandatory VAT Record Submission: Starting July 2025, all companies registered for VAT in Slovenia will be required to submit VAT records in a structured format to the Slovenian Financial Administration (FURS), marking a...
4 months ago
B2B e-Invoicing in the United Arab Emirates (UAE): Peppol DCTCE scheduled for 2026
Accreditation for Service Providers: The UAE Ministry of Finance has established accreditation requirements for service providers that will enable them to offer electronic invoicing services, essential for validating...
4 months ago
Status of Mandatory Electronic Invoicing Between Companies in Spain
Mandatory Electronic Invoicing Framework: The Spanish Ministry of Economy has initiated a second public hearing for the draft Royal Decree that will require all B2B invoices to be electronic, eliminating the previous...
4 months ago
