Electronic invoicing is gaining popularity in South Africa as a reliable method to prepare and document digital B2B invoices. Although the e-invoicing model is not currently mandated by the South African Revenue Service (SARS).…
64 posts tagged
E-invoicing
Mandatory E-Invoicing in India for All B2B Transactions (From Oct 2022)
India has gradually implemented electronic invoicing, or e-invoicing, for B2B transactions, in phases since the last quarter of 2020. In the latest phase of this implementation, the Indian government has made e-invoicing mandatory for all B2B transactions beginning October 2022.…
Digital VAT: Mandatory e-Reporting and e-Invoicing for EU
The reforms proposed by the Digital VAT package will majorly impact businesses operating across the EU. The impact should be highly positive unless your company is part of the small minority that does not already comply with VAT regulations.…
Final e-Invoicing Regulations in Saudi Arabia (Phase 2)
Following the regulation's publication, electronic invoicing became mandatory in Saudi Arabia on December 4, 2021. Essentially, all taxable Saudi Arabian persons, including third parties issuing tax invoices in proxy, must undergo this new e-invoicing process.…
SETU Invoice (Everything you Need to Know)
A SETU invoice is a standardized electronic invoicing format for the staffing industry in the Netherlands. SETU invoices are used by organizations in the staffing industry.…
New Japanese Invoicing Requirements for Consumption Tax (Deadlines & More)
The JCT law will be effective from October 1, 2023, and you should set everything in motion before then. Tax compliance requirements can be quite complicated for businesses.…
Belgium B2G Mandatory E-Invoicing (Deadlines 2022)
The Belgian government introduced mandatory e-invoicing for B2G transactions due to Belgium's VAT gap, estimated in 2019 as 12.3% of lost VAT (about EUR 4.4 billion). Learn more.…
B2B Invoicing Becoming Mandatory in Spain (Complete Guide)
B2B Invoicing is becoming mandatory in Spain. The Congress has approved the law for the Creation and Growth of Companies in Spain. Hence, the country has begun implementing a nationwide e-invoicing adoption.…
What Is An Electronic Invoice? - The Complete Guide To E-invoicing
From contracts to purchase order, the world of business has traditionally revolved around the use of paper documents. Unfortunately, paper-based solutions can be very inefficient because they use a lot of space and make document retrieval challenging. Additionally, paper documents are difficult for transnational organizations to manage since they often…
E-Invoicing and E-Procurement in Qatar
At the moment, businesses in Qatar may voluntarily create electronic invoices for their transactions and take advantage of its benefits, subject to the data transmission obligation.…