Electronic invoicing regulations are becoming commonplace in the EU and worldwide to standardize procurement. It’s no surprise that France, Poland, Spain, and Ukraine plan to implement their regulations in 2023 and beyond.…
138 posts tagged
E-invoicing
Understanding Electronic Invoicing in Public Procurement Processes in Portugal
Electronic Invoicing is mandatory in the Business to the Government sector in Portugal. State and public authorities have to use eSPap’s platform to receive invoices. Vendors must use UBL 2.1 CIUS-PT or CEFACT CIUS-PT to send signed e-invoices.…
Everything You Need To Know About E-invoicing Compliance In Luxembourg
Luxembourg has passed a law to gradually make B2G e-invoicing mandatory from May 18, 2022, to March 18, 2023. E-invoices will be processed on the Peppol network using the BIS 3.0 format. Cross-border transactions are hampered by interoperability issues arising from using different e-invoicing standards. So, e-invoicing regulations seek…
9 Reasons to Start Using E-invoicing & Peppol in New Zealand
The rules and requirements for e-invoicing in New Zealand are having an accredited Peppol Access Point and a New Zealand Business Number (NZBN). They were formalized with Australia on 25 October 2018 under the Trans-Tasman Electronic Invoicing Arrangement. Paper invoices are error-prone and labor-intensive. Aside from that, it does not…
E-invoicing in Romania: A Detailed Guide to the Regulations
Romanian electronic invoice regulations broadly comply with the obligations of the Directive 2014/55/EU. It is mandatory for central, regional, and local contracting authorities and entities to receive and process e-invoices. Businesses and contracting authorities in Romania can create, manage, and process e-invoices thanks to Peppol Billing 3.0…
Understanding The E-invoicing Requirements in Greece
E-invoicing is the transfer of electronic invoices between suppliers and buyers. It is mandatory for business-to-business and business-to-government transactions in Greece. E-invoicing has simplified the way businesses and governments engage. Greece has made it easier for businesses and competent contractual authorities to create, manage and process e-invoices across the globe.…
E-invoicing And The Use Of Peppol In Scandinavia (Denmark, Finland, Sweden & Norway)
Peppol invoicing uses software connected to the Peppol network to transfer invoices with companies digitally. E-invoicing is safer, faster, and cheaper than traditional invoicing. As such, some Scandinavian countries have made Peppol e-invoicing mandatory in the public sector. Scandinavian countries are the most developed countries in Europe when it comes…
How To Stay Compliant With E-invoicing Regulations In Egypt?
In March 2020, Egypt’s Minister of Finance issued Decree no. 188, mandating an electronic invoice for all taxable transactions. To comply with e-invoicing regulations, you need to: * Register your company with the invoicing system; * Electronically sign invoices; * Ensure all invoices have a Unique ID (UUID). By January 2022, Egypt’…
What Is E-invoicing Compliance? - A Detailed Guide
E-invoicing compliance refers to practices executed according to local rules that define how businesses process e-invoices in a given country. These rules govern how electronic invoices are exchanged, their format, archiving, archive formats, and archive location. Businesses are expected to automate their invoice processes and use electronic invoices to fulfill…
Electronic Invoicing in France: Stay Compliant and Save Time
The French government announced in September 2019 that the requirements for mandatory e-invoicing would enforce the use of only electronic invoices for all taxable transactions in France. Initially scheduled to take effect between 1 January 2024 and 1 January 2026, however, following a revision earlier this year (2023), French authorities…