E-invoicing extended May 2024 Mandatory electronic invoicing by certain taxpayers was commenced by the Directorate General of Taxes DGI in 2012 and has been rolled out to many taxpayers since. It is now obligatory for all enterprises with a tax revenue above UYU 305,000 (approx.
Jan 2024: non-residents required to register on Electronic Tax Invoice management system (TIMS) The Kenyan Revenue Authority KRA now requires any non-resident businesses to register on TIMS to generate e-invoices for supplies to domestic customers. This is a requirement even if the foreign business is
Business Payments Coalition launch DBNAlliance as common e-invoice network exchange option A new not-for-profit entity, Digital Business Networks Alliance, has been established as the legal entity to run an industry-backed e-invoicing exchange framework. The focus of its current 30 members is in the energy, supply
IS ESF mandatory e-invoicing status and EEU updated The Central Asian republic Kazakhstan’s Ministry of Finance has provided updated rules, Order No.1321, from January 2024 on the Electronic Invoice Information System (IS ESF) e-invoicing portal. The changes cover three scenarios: New statuses for cancelled or
1st January 2025 B2B e-invoicing mandate – EC permission request Greece has applied to the European Commission for permission to mandate the use of B2B e-invoicing. It is hopeful of receiving a derogation from the VAT Directive by September in time for a 1 January
1 Jan 2024: micro businesses mandated in SdI e-invoicing All remaining businesses with a turnover not exceeding €25,000 per annum are included within the SdI e-invoicing obligations from 1 January 2024. Over the past two years, there has been a phased introduction for small businesses.
B2B domestic electronic invoicing to reduce fraud and compliance obligations – January 2026 Croatia is the latest country to announce the role out of mandatory Mandatory structured e-invoicing between VAT registered businesses, supported by the government’s e-Račun platform. In September 2023, the Croatian government requested
Austria to relaunch its SAF-T regime March 2024; was one of the earliest to adopt the OECD’s format for exchanging data with the tax authorities Austria’s is relaunching its version of the OECD’s Standard Audit File for Tax (SAF-T). This is expected to be launched
Finland to evaluate mandatory real-time e-invoicing Finland is set to review mandating B2B e-invoicing / digital reporting for its taxpayers. This comes as the EU VAT in the Digital Age plans progress towards implementing structured e-invoicing for intra-community supplies from 2028. The news was included
