Nov 2023: 1-year delay on the SAF-T Accounting to 2025 Portugal has delay for 1-year the implementation of annual SAF-T Accounting reporting. The new first period of reporting will be 2025 (instead of 2024). The first report will be due early 2026. The SAF-T accounting
Final provinces join digital e-invoicing (e-fapiao) pilot All Chinese provinces have now launched their digitalise e-fapiao programmes. Last month, Anhui, Beijing, Guizhou, Hunan, Ningxia, Qinghai and Shandong joined the nation-wide trials which has started in 2021. Tibet, the final province, joined 1 December 2023. These
Sistem E-Faktura B2B e-invoices reporting timeline reduced Jan 2024 The deadline for electronic recording of calculations VAT is shortened from 15 to 10 days from 1 January 2024 per a new Bill. There are also changes to adjustments of customs-related e-invoicing from August 2024. Since
2025 earliest implementation date with bill stalled in Parliament Slovenia’s plans to mandate electronic invoices on B2B transactions remains fluid. The plans were for a pre-clearance model, similar to Italy’s SdI, by draft legislation issued in 2020 but have been updated following a public consultation
1 Jan 2024: micro businesses mandated in SdI e-invoicing All remaining businesses with a turnover not exceeding €25,000 per annum are included within the SdI e-invoicing obligations from 1 January 2024. Over the past two years, there has been a phased introduction for small businesses.
B2B domestic electronic invoicing to reduce fraud and compliance obligations – January 2026 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. In September 2023, the Croatian government requested
ViDA Pillar 1, Digital Reporting & e-invoicing, postponed to 2030 or 2032 Plans to gain political agreement of the 3-pillar VAT in the Digital Age reforms this year set to hit delays. Ongoing efforts to find compromises on pillar 1 Digital Reporting Requirements and e-invoicing,
Japan 1st October 2023 qualified invoice regime with optional e-invoicing standard – Peppol BIS Billing 3.0 International (‘PINT’) Japan’s new qualified invoice regime, which underpins the deductibility of Consumption Tax invoices, is being supported by e-invoicing as an option. Japan has adopted the European and
3-waves mandatory e-invoicing from 2024 Following the passing of a Bill to mandate e-CF e-invoices, the Dominican Republic’s General Directorate of Internal Taxes (Dirección General de Impuestos Internos (DGII) has issued new guidance on the rollout of the new regime. The 2024-26 timetable is: 2024:Large
