2022 continued rollout of electronic invoicing 2022 will see new categories of businesses being mandated to adopt FEL, the national online electronic invoicing system. The new groups are: Suppliers to healthcare sector from 1 January; Accountancy / audit firms from 1 March; and All other
Electronic invoices ‘Introduction’ now live 4 Dec 2021; full ‘Integration’ from 1 Jan 2023 The Kingdom of Saudi Arabia (KSA) has now launched B2B and B2C electronic invoices in this first Introduction phase. They may be printed or in other human-readable format for the businesses
Six-month postponement for live e-invoicing extension to cross border transactions; Esterometro fling withdrawal Italy is extending its Sistema di Interscambio (SdI) live e-invoicing regime to cover cross-border transactions from 1 July 2022 – delayed from 1 January 2022. Italy’s Agenzia Entrate will withdraw the quarterly Esterometro
3 reforms: e-invoicing and digital reporting requirements (DRR); platform gig & sharing economies and e-commerce; and Single EU registration number – extension of OSS to all B2C and certain B2B The European Commission (EC) will shortly be initiating the next rounds of its ‘VAT in
e-invoices mandatory 2017 The Central Asian republic Kazakhstan introduced voluntary electronic invoicing in 2014, and it became mandatory in 2017. All Kazakh e-invoices must now be issued via the State Revenue Committee’s IS ESF portal. This is a clearance platform of VAT invoices between suppliers,
Coalition new leaders confirm electronic invoice reporting system as soon as possible to fight VAT fraud; backing for EU definitive VAT system; import VAT reforms The new German government coalition of the SPD, Free Democratic Party (FDP) and Green Party have now confirmed on 24
B2B mandatory electronic invoicing to combat €3.6 billion in missing VAT The Belgian Ministry of Finance has confirmed this month the 2022 budget plan’s statement on rollowing out a B2B / B2C e-invoicing regime. Draft legislation will be issued in 2022 for consultation. It is
Delayed electronic invoicing gets 2022 go-ahead Vietnam General Department of Taxation (GDT) is planning to implement mandatory pre-clearance e-invoicing from 1 July 2022. It has already been delayed from 1 November 2020 due to the COVID-19 crisis. Business can opt to switch now to the
Lowered annual e-Fatura and e-Arşiv thresholds for all B2B businesses; e-commerce and property attract special requirements Turkey has added new requirements to its government pre-clearance e-Fatura e-invoice regime in the past months. The Turkish Revenue Administration (TRA) wishes to bring more taxpayers into the e-Fatura net
South Korea first introduced mandatory real-time electronic tax invoice (e-Tax) requirements in 2011, expanding it to most taxpayers by 2014. This includes pre-clearance of sale invoices with the Korean National Tax Agency (NTA) before issuance to customers. Check VAT Calc’s global live VAT invoice transaction and
