Portugal delayed the requirement for a qualified digital signature on electronic invoices The original implementation date was set for 1 January 2025 The new deadline is now 1 January 2026 Until 31 December 2025, PDF...
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UAE FTA Updates VAT Law, Introduces Mandatory e-Invoicing System
UAE FTA published Federal Decree-Law No. 16 of 2024 on September 30, 2024 The law establishes a legal framework for e-invoicing and amends the VAT Law E-invoicing replaces paper-based invoicing with electronic processes...
7 months ago
Estonia Plans Mandatory E-Invoicing for VAT Business Transactions by 2027
Estonia’s finance ministry plans to require electronic invoicing for all business-to-business transactions that are subject to value-added tax This initiative is part of a legislative proposal aimed at enhancing...
7 months ago
Estonia Implements Mandatory E-Invoicing for VAT-Subjected B2B Transactions
Estonia’s finance ministry has started a legislative process for mandatory e-invoicing in all VAT-subjected B2B transactions The current 1,000-euro threshold for declaring taxable transactions will be removed The...
7 months ago
Key Differences Between B2B and B2G E-Invoicing Transactions in the U.S.
B2G E-Invoicing Mandate: Business-to-government (B2G) electronic invoicing has been mandatory in the US since late 2018, requiring invoices to include contract numbers and comply with the Federal Acquisition Regulation...
7 months ago
New OIOUBL 3.0 invoice standard released in Denmark
The Danish Business Authority has published the OIOUBL 3 invoice package as a “release candidate,” marking significant changes to e-invoicing in Denmark. The final release is scheduled for April 10, 2025...
7 months ago
Upcoming regulatory changes in Germany
As of January 1, 2025, Germany will reduce the retention period for invoices from ten years to eight years, following the amendments in the Fourth Bureaucracy Reduction Act and the Annual Tax Act 2024. Small businesses...
7 months ago
Romania provides further insight into upcoming B2C invoicing requirements
Romania has circulated draft legislation that supplements and clarifies the obligation to report invoices for B2C transactions, which will begin in January 2025 as established by legislation passed in June 2024. The new...
7 months ago
Romania’s Proposed Changes to e-Invoicing, e-Transport, and e-VAT Systems
Romania is set to introduce major updates to its e-Invoicing, e-Transport, and e-VAT systems through a Draft Government Emergency Ordinance published on December 2, 2024, aimed at enhancing fiscal compliance and...
7 months ago
Download the Ultimate Guide to Belgium’s e-Invoicing Compliance
What’s Inside the e-Book? Best Practices: Practical advice on transitioning to structured e-Invoicing and ensuring data integrity. Overview of Belgium’s e-Invoicing Regulations: A clear explanation of the new...
7 months ago
The reputational risk of issuing invoices without QR or with QR not Veri*factu
Reputational risk refers to threats that can damage a company’s image with stakeholders, and its assessment is crucial in today’s interconnected world where information spreads rapidly through media and...
7 months ago
Benefits of Adopting InvoiceNow Solutions for Your Business
Streamlined Processes and Efficiency: InvoiceNow enables direct electronic transmission of invoices, integrating seamlessly with finance systems to automate sending, receiving, and data entry tasks. This automation...
7 months ago
Japan Aligns with Peppol Standards: Updated Specifications for Cross-Border Invoicing
Alignment with Peppol Standards: Japan updated its invoicing standards on June 1, 2024, to align with Peppol PINT BIS Billing version 1.0.2, introducing revised templates, clearer guidelines, and jurisdiction-specific...
7 months ago
Saudi Arabia announces 18th wave of Phase 2 e-invoicing integration
Saudi Arabia’s Zakat, Tax and Customs Authority has announced the criteria for taxpayers to be included in the 18th wave of Phase 2 e-invoicing integration. Taxpayers resident in Saudi Arabia, with a taxable...
7 months ago
Saudi Arabia Announces 18th Wave of Phase 2 E-Invoicing for VAT Taxpayers
Saudi Arabian Tax and Customs Authority announced the 18th wave of Phase 2 of the e-invoicing initiative This wave targets taxpayers with a minimum revenue of SAR 2 million from 2022 or 2023 who were also subject to VAT...
7 months ago
Romania Extends e-Invoicing from B2B to B2C Starting January 2025
Starting January 2025, eFactura B2B e-invoicing regime will be extended to B2C The Romanian Ministry of Finance has confirmed this in a draft Emergency Ordinance New requirements will be implemented from 1 January 2025...
7 months ago
Poland Implements Mandatory E-Invoicing System KSeF by 2026
Poland is advancing its tax system by implementing the National e-Invoicing System known as KSeF The mandatory adoption date for KSeF has been moved to February 1, 2026, for large taxpayers and April 1, 2026, for other...
7 months ago
Uruguay Sets Dec. 31 Deadline for VAT Payers to Adopt E-Invoicing System
The Uruguayan General Directorate of Taxation announced a Dec. 31 deadline for VAT payers to adopt the e-invoicing system Starting Jan. 1, 2025, all VAT payers must use electronic invoicing upon registration, resuming...
7 months ago
Russia Continues Zero VAT Rate for Hotel Services
The Uruguayan General Directorate of Taxation announced a Dec. 31 deadline for VAT payers to adopt the e-invoicing system Starting Jan. 1, 2025, all VAT payers must use electronic invoicing upon registration, resuming...
7 months ago
Romania’s E-Invoicing Reform: Simplified Invoices and Updated B2C Privacy Rules
Romania is introducing significant changes to its e-invoicing system, aiming to enhance tax compliance and expand the data available to tax authorities. Key changes include: Simplified Invoices: Invoices below €100...
7 months ago
Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in November 2024
The Overviews Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological Timeline of B2B E-Invoicing & E-Reporting mandates in the European Union E-Invoicing heatmap for Europe Europe...
7 months ago
ecosio Webinar: E-invoicing in Singapore (Dec 6)
Register HERE Friday, 6. December 2024 – 10:00 AM – 10:30 AM GMT What we’ll cover In recent years, Singapore has embraced e-invoicing as part of its digital transformation strategy. With the launch of...
7 months ago
Greenland Sets Mandatory e-Invoicing for Public Sector by March 2025
Mandatory E-Invoicing Implementation: Starting March 1, 2025, Greenland will require all legal and natural persons providing goods and services to public authorities to issue e-invoices, aligning with Denmark’s...
7 months ago
Germany’s Mandatory e-Invoicing: Compliance Dates and Guidelines for 2025 Rollout
The Growth Opportunities Act mandates e-invoicing for B2B transactions in Germany starting January 1, 2025 Businesses must use structured, machine-readable electronic invoices that comply with European Standard EN 16931...
7 months ago
Boost Your Business: Embrace InvoiceNow for Enhanced Efficiency and Cost Savings
Benefits of adopting InvoiceNow for businesses include increased efficiency, reduced costs, and improved cash flow InvoiceNow allows direct electronic transmission of invoices, integrating seamlessly with financial...
7 months ago
ZATCA Sets Criteria for 18th Wave of E-Invoicing Integration
Zakat, Tax and Customs Authority has issued a circular on criteria for selecting taxpayers for the 18th wave of e-invoicing integration Taxpayers with taxable revenues over SAR 2 million in 2022 or 2023 qualify for the...
7 months ago
Chile E-invoicing & Digital Reporting Guide
Mandatory E-Invoicing: E-invoicing is mandatory for B2B, B2G, and B2C transactions in Chile, covering all taxpayers except those under simplified registration regimes or in areas lacking mobile/data connectivity...
7 months ago
Comarch Webinar: Global E-Invoicing Mandates – Trends, Strategies & Key Deadlines (Dec 3)
Register HERE When: Tuesday, December 3rd 2024 – 9:00 AM (CET) Discover key strategies to successfully implement e-invoicing in your company! In response to the increasing global trend toward digitalization, many...
7 months ago
