Businesses must issue a three-part unified invoice when selling goods or services to other businesses The Central Region National Taxation Bureau received a report that Company A did not issue a three-part unified...
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Morocco’s Mandatory E-Invoicing Plan: Timeline and Requirements for Businesses
Morocco’s DGI is developing a mandatory e-invoicing plan Timeline: Oct 2024 launch of proposals, Oct 2025 pilot phase, Early 2026 launch Adoption of e-invoicing is increasing in Morocco Currently not mandatory...
8 months ago
Spain’s Prime Minister Pushes ViDA VAT on Home Rentals to Address Housing Shortage
Prime Minister promotes ViDA VAT on home rentals Spain plans to raise taxes on holiday rentals Aim is to make rentals pay “like a business” Change supported by EU VAT in the Digital Age reforms Intended to...
8 months ago
Transitioning to EN16931: Practical Considerations for Implementing E-Invoicing in Germany by 2025
Growth Opportunities Act passed on March 27, 2024 Requires e-invoicing for B2B transactions Compliance with EN16931 European standard European standard specifies UBL and UN/CEFACT CII Transitional periods until December...
8 months ago
Exemption for Financial Entities in Final E-Invoicing Rules Effective November 13, 2024
Final e-invoicing rules effective from 13 November 2024 Exemption for financial entities supervised by General Superintendency of Financial Entities Exemption applies to entities conducting financial intermediation...
8 months ago
Transition to E-Invoicing: Paper Invoices Phased Out by 2025 for VAT Transactions.
E-invoicing mandatory from 1 January 2025 Paper invoices not accepted VAT transactions through “eVAT” portal Source: bdo.global Note that this post was (partially) written with the help of AI. It is always...
8 months ago
Egypt e-Invoicing: Mandatory Digital Transformation for B2B, B2G, and B2C Transactions
e-Invoicing in Egypt is a government initiative to digitize economic transactions B2B e-Invoicing streamlines transactions and reduces processing time B2G e-Invoicing facilitates secure exchange of invoices between...
8 months ago
Norway e-Invoicing: A Complete Guide for B2B, B2G, and B2C Transactions
e-Invoicing in Norway is a key part of the country’s strategy for digital integration B2B e-Invoicing in Norway replaces paper-based processes with digital solutions for real-time data exchange B2G e-Invoicing in...
8 months ago
Japan e-Invoicing: B2B, B2G, B2C Guide for Compliance and Efficiency
Japan e-Invoicing enhances business efficiency and compliance in the digital landscape B2B e-Invoicing automates invoice exchange, reduces errors, and speeds up transactions B2G e-Invoicing ensures electronic...
8 months ago
Sweden e-Invoicing: Complete Guide for B2B, B2G, and B2C Transactions
e-Invoicing in Sweden aims to digitize financial transactions for efficiency and sustainability B2B e-Invoicing in Sweden streamlines operations and reduces costs B2G e-Invoicing in Sweden is mandatory for suppliers to...
8 months ago
Ultimate Guide to e-Invoicing in Spain: B2B, B2G, B2C Compliance and Implementation
e-Invoicing in Spain is a shift towards digital transformation in business transactions B2B e-Invoicing in Spain is becoming standard for faster processing and reduced costs B2G e-Invoicing in Spain is mandatory for...
8 months ago
Singapore e-Invoicing: Revolutionizing Business Interactions with B2B, B2G, and B2C Initiatives
e-Invoicing in Singapore is a critical component of the nation’s digital economy strategy B2B e-Invoicing streamlines financial operations and supports real-time data exchange B2G e-Invoicing is a government-led...
8 months ago
Slovakia e-Invoicing: A Comprehensive Guide for B2B, B2G, and B2C Transactions
e-Invoicing in Slovakia is a significant advancement in digitalizing financial transactions B2B e-Invoicing streamlines processes between companies, reducing errors and improving efficiency B2G e-Invoicing is mandatory...
8 months ago
Greenland’s 2025 B2G e-Invoicing Mandate: Transforming Public Sector with Digital Transactions
Greenland’s Government modernizing public sector with B2G e-Invoicing mandate Effective March 1, 2025 Invoices must be in structured electronic format Public authorities must register in NemHandelsRegister...
8 months ago
EU Digital Reporting Requirements: Guide for Non-Resident Taxpayers in Changing VAT Landscape
EU digital reporting requirements have evolved due to new technologies and increased online sales The shift towards digitalization aims to track and monitor transactions subject to VAT Reporting requirements in the EU...
8 months ago
Ultimate Guide to e-Invoicing in USA: B2B, B2G, B2C Compliance and Implementation
Overview of E-Invoicing in the USA: E-invoicing in the USA is part of a broader digital transformation in financial processes, with no federal mandate but increasing adoption across states and sectors to enhance...
8 months ago
Ultimate Guide to e-Invoicing in Finland: B2B, B2G, B2C Compliance and Requirements
Finland e-Invoicing streamlines business processes and ensures compliance B2B e-Invoicing in Finland is encouraged for companies with over EUR 10,000 annual turnover B2G e-Invoicing is mandatory for all transactions...
8 months ago
Saudi Arabia Announces 19th Wave of E-Invoicing for Taxpayers in Phase 2 Integration
Saudi Arabian Tax and Customs Authority announced 19th wave of Phase 2 of e-invoicing initiative Taxpayers with revenue of at least SAR 1.75 million subject to VAT in 2022 or 2023 included Integration with system...
8 months ago
2025 VAT Changes: Impact on Business Compliance in a Shifting Tax Landscape
2025 brings key VAT changes impacting businesses globally Digital reporting mandates expanding in countries like France, Germany, and the UK EU’s VAT in the Digital Age (ViDA) initiative taking effect in 2025...
8 months ago
ViDA Updates: Impact on E-commerce and Marketplaces in the EU – A Comprehensive Analysis
Recent updates to the ViDA proposal by the European Council bring changes for e-commerce and digital marketplaces Amendments aim to streamline VAT administration across the EU New “deemed supplier”...
8 months ago
Greece Granted EU Approval for Mandatory Electronic Invoicing Implementation by Jan. 15, 2025
The European Commission recommended EU Council approve Greece’s request for mandatory electronic invoicing Greece requested derogation to obligate taxable persons to issue and accept electronic invoices Greece...
8 months ago
Transitioning to SABIS: B2G Electronic Invoicing in Lithuania from eSąskaita Platform
Electronic invoicing (e-faktūra) mandatory for transactions with public administrations in Lithuania since 2017 Many companies opt for e-invoicing for operational and tax benefits in B2B transactions eSaskaita platform...
8 months ago
e-Invoicing in France: B2B, B2G and B2C Complete Guide
Overview of E-Invoicing in France: E-invoicing in France represents a significant digital transformation in financial transactions, aimed at enhancing efficiency, compliance, and accuracy in invoicing across sectors...
8 months ago
E-Invoicing Gone Wrong: Learning from Global Mishaps
Implementation Challenges: The global rollout of e-invoicing has faced significant challenges, such as data validation errors in India’s GST e-invoicing launch, fragmentation in the EU due to varying standards...
8 months ago
ZATCA’s 19th Wave
Integration Deadline: The Zakat, Tax and Customs Authority (ZATCA) requires the 19th group of entities to link their e-invoicing systems to the Fatura platform by September 30, 2025, marking a crucial step in the e...
8 months ago
European Commission proposes to authorize mandatory domestic B2B e-invoicing
Mandatory E-Invoicing Proposal: On January 13, 2025, the European Commission proposed allowing Greece to implement mandatory e-invoicing for B2B transactions, effective from July 1, 2025, until June 30, 2026, or until...
8 months ago
The Evolution of E-Invoicing: Models, Challenges, and the Road Ahead
Diverse E-Invoicing Models: Countries utilize different e-invoicing models tailored to local regulations, economic goals, and technology capabilities, presenting both opportunities and challenges for international...
8 months ago
e-Invoicing in Turkey: B2B, B2G and B2C Complete Guide
Overview of e-Invoicing in Turkey: e-Invoicing represents a significant shift towards digital financial transactions in Turkey, mandated by the government to enhance efficiency, compliance, and faster processing of...
8 months ago
