The Federal Inland Revenue Service has called on large tax consultants to embrace the electronic invoicing system, saying it is key to boosting the country’s tax-to-GDP ratio by improving tax compliance, enhancing...
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Slovenia Planning to Implement Mandatory E-Invoicing for B2B Transactions from 2027
The Slovenian government has published revised draft legislation for the introduction of mandatory electronic invoicing (e-invoicing) requirements for B2B transactions. Since 2015, e-invoicing has been mandatory for...
7 months ago
Slovenia Approves Amended E-Invoicing Law
Slovenia amended the draft law on electronic invoicing The amended law was adopted on February 11, 2025 The law will be sent to the National Assembly for approval Source: e-uprava.gov.si Note that this post was...
7 months ago
UK Government Consults on Mandatory E-Invoicing
The UK government is consulting on making e-invoicing mandatory for businesses, aiming to modernize the tax system and improve business efficiency. This 12-week consultation, conducted by HMRC and DBT, seeks feedback on...
7 months ago
AI Capabilities in the Context of Mandatory Invoice Exchange
Market Growth and AI’s Role: The e-invoicing market is experiencing rapid growth, projected to rise from $8.9 billion to $23.7 billion by 2028, with AI emerging as a critical technology. AI enhances invoicing...
7 months ago
E-Invoicing Ban for B2C Healthcare Services Extended to 2025
Extension of the ban on electronic invoices for healthcare services: The ban on electronic invoicing for B2C healthcare services has been extended to the entire year of 2025. This was decided following the modification...
7 months ago
E-Invoicing & E-Reporting developments in the news in week 10/2025
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...
7 months ago
Main E-invoicing Components in Belgium
Mercurius Platform Overview: The Mercurius Platform is Belgium’s centralized electronic invoicing system that facilitates invoice transmission, ensures compatibility with PEPPOL standards, offers manual upload...
7 months ago
Mandatory Electronic Invoicing in Saudi Arabia: FATOORAH Project
E-invoicing in Saudi Arabia The e-invoicing project in Saudi Arabia is called FATOORAH and applies to B2B, B2C, and B2G transactions. The groundwork was laid in December 2020 when ZATCA, formerly known as GAZT...
7 months ago
New B2B e-Invoicing and e-Reporting Requirements Effective January 1, 2026
The “Grāmatvedības likums” (Accounting Law) in Latvia mandates structured electronic invoices for all transactions, except budget institutions. The law also allows businesses to convert paper accounting...
7 months ago
Malaysia Delays E-Invoice Mandate for Small Businesses
Malaysian Inland Revenue Board (IRB) updated e-invoice implementation timeline. Businesses with annual turnover up to 500,000 Malaysian ringgits must implement e-invoicing from January 1, 2026. The update provides...
7 months ago
ecosio Webinar – ViDA – How New Changes Will Affect You (March 14)
REGISTER HERE Friday, 14. March 2025 10:00 AM – 10:40 AM gmt What we’ll cover The European Union’s “VAT in the Digital Age” (ViDA) initiative is set to reshape the VAT compliance system across member states...
7 months ago
Pakistan Implements New E-Invoicing Rules for Sales Tax
New Sales Tax Invoicing Regulations: On January 29, 2025, Pakistan’s Federal Board of Revenue (FBR) issued Notification S.R.O. 69 (I) 2025, mandating businesses to use approved hardware and software for generating...
7 months ago
Norway Explores Mandatory E-Invoicing for B2B Transactions
Extension of E-Invoicing Requirements: Norway is considering extending its existing e-invoicing mandate for B2G transactions, established in 2012 using the PEPPOL framework, to include B2B transactions, aiming to...
7 months ago
Bahrain Explores Electronic Invoicing to Boost VAT Compliance and Combat Tax Fraud
Bahrain’s E-Invoicing Consideration: Following the successful implementation of electronic invoicing in Egypt and Saudi Arabia, Bahrain is exploring its own e-invoicing system to enhance VAT compliance and tax...
7 months ago
Bavaria to Launch Centralized Platform for E-Invoicing Exchange
Centralized E-Invoicing Platform Launch: Bavaria plans to introduce a centralized e-invoicing platform, OZG-RE, in the first half of 2025, moving away from the current decentralized system where public entities receive...
7 months ago
ETAF Calls for Stronger EU E-Invoicing Governance Ahead of EC Strategy
ETAF’s Call for Enhanced E-Invoicing Regulations: The European Tax Adviser Federation urges the European Commission to strengthen e-invoicing regulations, emphasizing the need for improved security...
7 months ago
E-Invoicing in Croatia: To be or not to B2B in 2026
Mandatory B2B E-Invoicing Implementation: Croatia will mandate business-to-business (B2B) electronic invoicing starting January 1, 2026, as part of the Fiscalization Project 2.0, which aims to modernize the tax system...
7 months ago
Jordan’s E-Invoicing Phase 2 Begins April 2025
Launch of Phase 2 of E-Invoicing: Jordan’s second phase of the e-invoicing system will take effect on April 1, 2025, following the initial rollout that began in 2022, with the registration process for the JoFotara...
7 months ago
Slovenia Amends Its B2B E-Invoicing Proposal
Revised E-Invoicing Law Proposal: The Financial Administration of the Republic of Slovenia (FURS) has published a new draft law proposal on February 11, 2025, revising the previous 2024 plan for mandatory B2B e...
7 months ago
Croatia to Mandate E-Invoicing for Businesses by 2027
Mandatory B2B E-Invoicing Implementation: Croatia will implement mandatory B2B electronic invoicing starting January 1, 2026, as part of the Fiscalization Project 2.0, which aims to modernize tax practices, including...
7 months ago
Mandatory Electronic Invoicing in Saudi Arabia: FATOORAH Project
Phased Adoption of E-Invoicing: Saudi Arabia’s ZATCA has initiated the mandatory adoption of e-invoicing through the FATOORAH project, with the first phase starting on December 4, 2021, requiring businesses to...
7 months ago
Singapore’s E-Invoicing Revolution: Enhancing Tax Compliance Through Automation
E-Invoicing Implementation: Singapore is set to implement a phased rollout of mandatory e-invoicing for all business-to-business transactions by leveraging the PEPPOL-based “InvoiceNow” network, which will...
7 months ago
Sweden 2025 eInvoicing Country Sheet
Legislative Framework: The law on e-invoicing in the public sector took effect on April 1, 2019, mandating all public sector contracting entities to register in the Peppol network and use the Peppol BIS Billing 3...
7 months ago
Sweden Adopts Peppol for Customs Invoicing in 2025
Transition to Peppol Format: Starting March 1, 2025, Swedish Customs will implement a new customs invoicing system based on the Peppol format, replacing the current XML format to standardize and structure invoice data...
7 months ago
Slovenia Delays Mandatory B2B e-Invoicing to 2027
Slovenia is postponing mandatory B2B e-Invoicing until January 2027. Businesses have eight days to send invoice data to FURS. e-Invoices can be issued in national e-SLOG standard, European Standard EN 16931, or other...
7 months ago
EU Grants Italy Extension for Mandatory E-Invoicing
EU Council granted Italy an extension for its mandatory electronic invoicing system until December 31, 2027. The extension remains in effect unless a new EU-wide electronic invoicing system is implemented. The Council...
7 months ago
VAT in Poland: February 2025 Updates
KSeF will be mandatory from February 2026. The split payment mechanism will be extended until February 28, 2028. New VAT-10 and VAT-11 declaration forms will be used from April 1, 2025. VAT rates will change on April 1...
7 months ago
