Navigating the European Union’s B2B E-Invoicing & E-Reporting Mandates: A Comprehensive Timeline

"Poland and Romania Set to Introduce Mandatory B2B E-Invoicing, France Delays Implementation"

Poland is set to introduce mandatory B2B E-Invoicing, with optional Real Time Reporting, starting from July 1, 2024. This move aims to streamline and digitize the invoicing process, making it more efficient for businesses. Meanwhile, Romania will also implement mandatory B2B E-Invoicing from the same date, further emphasizing the trend towards digital invoicing across Europe.

In France, the mandate for B2B E-Invoicing has been postponed. Originally planned for July 1, 2024, the new deadline for big and mid-sized companies to receive e-invoices is now September 1, 2026. Small and medium-sized enterprises (SMEs) have until September 1, 2027, to comply with the mandate. This delay allows businesses more time to prepare for the transition to digital invoicing.

Spain, on the other hand, has faced delays in implementing mandatory B2B E-Invoicing. The final version of the Royal Decree has not yet been published, causing a delay in the approval process from the European Commission. As a result, the implementation of B2B E-Invoicing in Spain will be pushed back from the original date of July 1, 2024.

Germany has also experienced delays in the implementation of the B2B E-Invoicing mandate. While the receipt of e-invoices will be mandatory from January 1, 2025, the implementation of the mandate itself has been postponed until January 1, 2026. Additionally, the use of Electronic Data Interchange (EDI) will no longer be accepted after 2028, further emphasizing the shift towards digital invoicing.

Belgium has recently made the decision to implement mandatory B2B E-Invoicing from January 1, 2026. This move aims to align with the growing trend of digitalization in invoicing processes. By requiring businesses to use electronic invoices, Belgium hopes to improve efficiency and reduce administrative burdens.

In Bulgaria, there are plans to implement Standard Audit File for Tax (SAF-T) from January 1, 2025. SAF-T is a standardized format for reporting financial data to tax authorities. However, the implementation of ViDA, a new VAT reporting system, will be postponed for at least one year. This delay allows businesses more time to adjust to the new reporting requirements.

Overall, these updates reflect the increasing global trend towards digitalization in invoicing and reporting processes. As more countries embrace electronic invoicing, businesses will need to adapt to these changes to remain compliant. The transition to digital invoicing offers numerous benefits, including increased efficiency, reduced costs, and improved accuracy in financial reporting.

To stay updated on the latest developments in global e-invoicing, e-reporting, and SAF-T, consider joining the LinkedIn Group on Global E-Invoicing/E-Reporting/SAF-T Developments. Additionally, for discussions on VAT in the digital age, you can join the LinkedIn Group on “VAT in the Digital Age” (VIDA). These groups provide a platform for professionals to share insights, exchange knowledge, and stay informed about the evolving landscape of digital invoicing and reporting.

Barry Caldwell

Barry Caldwell

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