Greece Establishes Legal Basis for myDATA Scheme and Introduces New E-Invoice Requirements

Joanna Hysi
December 10, 2019

First legislation of the myDATA

The requirement for the mandatory submission of tax data to the Independent Authority for Public Revenue (IAPR) has finally been established in law, specifically in the new tax bill approved by the Greek parliament just a few days ago. The tax bill further mandates the IAPR to finalize, by way of secondary law or decision, the myDATA framework, i.e. the technical specifications, the scope, any exemptions and any other necessary information about the myDATA system.

As a result, the IAPR recently announced that the implementation of the myDATA framework will be postponed until 1 April 2020. Although this date is still to be formally communicated by the Greek authorities, this postponement has been informally communicated and circulated by the Greek press.

New e-invoicing requirements

The tax bill further introduces two new e-invoicing requirements:

  1. It mandates the competent authorities to adopt secondary legislation to define the e-invoice format exchanged between the parties in B2B transactions following the European Norm, as defined in the Directive 2014/55/EU.
  2. It assigns certain e-invoicing service providers, potentially of an “accredited” function – an important role in the e-invoice issuance process, i.e. to guarantee integrity and authenticity of the e-invoice. By virtue of this law, a new method for e-invoice issuance via these “accredited” service providers is now included in the open list of methods of ensuring integrity and authenticity of the e-invoice. The law mandates the competent authorities to regulate in detail, by virtue of a secondary law or decision, the special scheme for this category of e-invoicing service providers.

What is to come?

The goal of the IAPR is to implement e-invoice clearance alongside the myDATA scheme. However, at this stage it seems that such an implementation would initially remain voluntary for taxable persons, since Greece, just like Italy, first must seek an EU derogation from certain provisions in the EU VAT Directive.

It’s worth remembering that Italy’s circumstances were different to why Greece is seeking a derogation, among the most important is the lack of an existing e-invoicing infrastructure in Greece that could ease the transition to a full nationwide e-invoicing mandate. With this in mind, an April go-live date for the e-invoicing leg of the mandate, even on a voluntary basis, remains a rather ambitious initiative from the Greek authorities.


Take Action

Learn how Sovos helps companies handle e-invoicing and other mandates all over the world. To find out more about what we believe the future holds, download the Sovos eBook on trends in e-invoicing compliance

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.


Joanna Hysi

Joanna is a Regulatory Counsel at Sovos TrustWeaver. Based in Stockholm and originally from Greece, Joanna’s background is in commercial and corporate law with research focus on EU law and financial innovation. Joanna earned her degree in Law in Greece and her masters in Commercial and Corporate from London School of Economics and Political Science (LSE) in London.
Share This Post

Latin America VAT & Fiscal Reporting
May 20, 2020
Sovos Acquires Taxweb, Extends Tax Determination Capabilities in World’s Most Challenging Compliance Landscape

Earlier this month Sovos announced its second acquisition of 2020, completing our solution for Brazil with an unparalleled offering that solves tax compliance in the place where it is most challenging to do so.  Too many companies doing business in Brazil have been burdened by managing multiple point solutions for continuous transaction controls (CTCs), tax […]

January 25, 2021
CJEU Rules on Conditions for VAT Refund

The Court of Justice of the European Union (CJEU) has ruled that Member States must accept, as formally submitted, VAT refund requests that contain invoice identifiers other than sequential invoice numbers. In case C-346/19 (Judgment of 17 December 2020), an Austrian taxpayer’s VAT Refund application was rejected by Germany’s Federal Central Tax Office, on the […]

January 25, 2021
6 Highlights from the 2021 Direct-to-Consumer Wine Shipping Report

This January, Sovos ShipCompliant released the 2021 Direct-to-Consumer (DtC) Wine Shipping Report with our partner, Wines Vines Analytics. This report features exclusive data and insights on the state of the industry not tracked or reported on anywhere else. With wine shipments to consumers reaching a record $3.7 billion in 2020, there has never been a […]

January 22, 2021
The Data: Wine DtC Shipments and Off-Premise Retail (December 2020 Special Report)

The wine market is in greater flux than ever as producers, retailers and consumers navigate the impacts of a global pandemic. Keeping a pulse on marketplace data has never been so important given these shifting dynamics. Nielsen is collaborating with Wines Vines Analytics and Sovos ShipCompliant to provide a much more comprehensive view of the […]

January 21, 2021
HMRC’s Second IPT Consultation – Response Deadline Fast Approaching

HMRC, the UK’s tax authority, is asking for responses to its Insurance Premium Tax: Administration and Unfair Outcomes Consultation, by 5 February 2021. The first consultation and call for evidence for Insurance Premium Tax (IPT) was back in 2019 and questions focused on the modernisation of IPT and efficiency improvements for businesses and HMRC. It […]

EMEA VAT & Fiscal Reporting
January 21, 2021
How Ireland’s VAT Regime is Changing

As a result of Brexit, COVID-19, and the Finance Act 2020, the VAT regime in Ireland has and will continue to undergo numerous changes. Highlights of these changes are outlined below. Postponed Accounting and Reporting Changes Beginning in January all taxpayers have the ability to apply postponed VAT accounting to their imports from outside the […]