B2B electronic invoicing to reduce fraud and compliance obligations – consultation underway
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. Third-party e-invoicing partners may also be provided for. The design will include:
- the establishment of a system for the fiscalization of invoices issued in the economy (B2B);
- the implementation of a cashless payment system via e-Invoice;
- an integrated e-archive;
- unique and advanced online bookkeeping in the VAT system in order to ensure a whole range of benefits for all stakeholders and business entities;
- simplified tax returns;
- reduction of the number of required forms (tax bookkeeping);
- accuracy of tax obligations and their pre-fulfilment with data from the e-Racun platform;
- transparent business and the possibility of insight into payment terms and compliance with payment terms;
- current credit checks; and
- contribution to environmental protection by using a digital instead of a “paper” account archive.
This was announced by Ministry of Finance as being implemented for 1 January 2025 under the tax Projekt Fiskalizacija 2.0. This includes a public consultation period, recently completed.
It is likely that Croatia’s Ministry of Finance will introduce a full transactional-level live submission of e-invoices, and wants to be able to hold all VAT exchange details. This will enable it to offer complete VAT assessments, including potentially pre-filled VAT returns.
B2G mandatory e-invoicing was introduced in Croatia in 2019.
The EU is proposing mandating structured e-invoicing for cross-border intra-community supplies from 2028 as part of its VAT in the Digital Age reforms. The pillar covering e-invoicing, Digital Reporting Requirements, will prevent any pre-clearance e-invoicing requirements such as has been introduced by Italy.
Read more about Croatia VAT in our country guide.
Monitor VAT Calc’s international live VAT invoice transaction and e-invoice tracker on real-time transaction-based tax reporting.
