Meeting your VAT obligations in Colombia is crucial to avoiding penalties and reputational harm. Each country has its own VAT rules, and Colombia is no different – you must be aware of your specific requirements.
Compliance is Sovos’ concern. That’s why this overview is your ideal one-stop-shop for Colombian VAT compliance information. Be sure to bookmark the page and revisit it whenever you have a question.
| Periodic VAT return | Bi-monthly Within 25 days of the month following the month in which the payment corresponds |
| Quarterly Within 25 days of the month following the month in which the payment corresponds | |
| VAT rates | 19% 5% |
There are multiple mandates businesses operating in Colombia need to know.
Colombia does not have a threshold for VAT registration, meaning businesses must register for VAT if they sell eligible goods or services. They can register for VAT through Colombia’s DIAN website. To be legally seen as VAT–registered, they need to be registered with the national tax authority and have obtained an NIT number.
However, individuals must register for VAT once their total gross income exceeds 3,500 UVT in the previous or current year.
Colombia has stringent rules in place for invoicing. These include:
There are more factors at play with Colombia invoicing.
There are penalties in place for taxpayers who fail to meet their VAT obligations in Colombia, including:
There are also harsh repercussions for those who are found to have committed fraud related to their VAT returns, both financially and in terms of restrictions on their ability to do business.
The standard VAT rate in Colombia is 19%.
In Colombia, the following are exempt from VAT:
Yes, taxpayers can withhold VAT on the purchase of goods and services for domestic transactions – specifically 15% of the tax due.
VAT reclaims can only be requested by those responsible for the goods and services referred to in Article 481, by the producers of the exempt goods referred to in Article 477 of the Tax Code.
Builders who develop social interest housing will also be entitled to a refund or compensation of the Value Added Tax, VAT, paid on the acquisition of materials for the construction of the same.
A refund is also applicable for gold exporters who meet certain requirements.
Colombia’s tax authority allows tourists to recover 100% of VAT paid on taxed goods, as long as the purchases are covered by an electronic invoice equal to, or greater than, 3 Tax Value Units (UVT).
No, foreign organisations selling goods from or into Colombia are not required to appoint a fiscal representative.
In Colombia, a VAT ID number is a unique identifier that can be obtained from the government when registered for VAT in the country. It’s important to note that this number differs from a tax identification number.
It may seem heavy on resources to meet your business obligations in Colombia, but it does not have to be. Choosing Sovos as your compliance partner allows you to meet requirements while focusing on your core business.
Sovos’ solutions are matched only by our team of regulatory experts, helping you keep on top of tax both now and as regulations evolve over time.
You may think complying with Peru’s VAT obligation is simple, but there is plenty to consider. Peru has several mandates at play for businesses, such as e-invoicing, and both time and effort are required to stay compliant.
Consider the need to stay on top of mandates as they evolve, and you will realise that your organisation needs to pay constant attention to what you do in the present and the future.
This page is the ideal place to stay on top of your tax obligations in the country.
| Periodic VAT return | Monthly Between 7th-16th day of the month following the end of the tax period |
| VAT rates | 18% 10% 0% |
There are multiple tax-related mandates businesses operating in Peru need to be aware of, including:
Peru is deep into its electronic invoicing journey, with an e-invoicing mandate in place for all taxpayers. The activity is regulated by the Electronic Issuance System and includes more electronic documents than just electronic invoices.
Find out more about e-invoicing in Peru.
There are multiple electronic issuance systems in Peru that help generate electronic payment receipts. These systems can be public, commercial or private.
The main SEE systems are:
Sovos is an official Operator of Electronic Services in Peru, as well as an Electronic Services Provider (PSE). Find out more about our global e-invoicing compliance solution.
Awareness is key when considering your VAT obligations in Peru. The country has no VAT threshold, meaning businesses must register having provided their first taxable supply.
It also requires non-resident organisations to register for VAT at the point they perform their first taxable activity.
Taxpayers in Peru must register for a ‘Registro Unico de Contribuyente’, a unique identification that covers VAT but also other taxes. The required documents include:
Peru will enforce a new VAT rule from 1 December 2024. Non-resident providers of digital services will be required to register for VAT at 18% when providing digital services to consumers in Peru.
Peru introduced e-invoicing in 2010, though it became compulsory in the country years later. Taxpayers must issue and receive electronic invoices, and meet certain requirements along the way:
The invoices themselves have stringent rules – such as needing to be in UBL 2.1 format and archived for at least five years – and require information such as:
Failing to meet VAT obligations in Peru may lead to penalties.
For example, failing to declare taxable sales can result in a fine that amounts to 50% of the VAT amount that is due – plus monthly interest of 1.2%. There are other reasons in which a taxpayer may be penalised, so compliance is vital.
Peru’s standard VAT rate is 18%, comprising 16% VAT and 2% of a municipal tax known as ‘Impuesto de Promoción Municipal’.
There are certain supplies in Peru that are eligible for withholding VAT, of 4%, 10% or 12%. Taxpayers are required to split the withheld VAT and remit it to a special account with the nation’s bank.
Yes, non-residents who have purchased and consumed goods or services subject to authorised VAT in Peru can file requests to recover VAT. It will be refunded at the time of the non-residents’ departure.
Businesses looking to register for VAT in Peru must submit specific documents through a local fiscal representative that is registered with the country’s tax authorities.
There is no threshold for VAT in Peru. Businesses must register to pay VAT upon providing their first taxable supply.
VAT returns should be filed monthly, between the 7th and 16th working day of the month following the applicable period.
Registered businesses in Peru must obtain a unique tax identification number, known as ‘Registro Unico de Contribuyente’. This number is necessary for VAT but also applies to other taxes.
Peru dictates that VAT is due at the time of the goods or services having been supplied.
Compliance can be tough when considering there are multiple mandates that may apply, and that rules and regulations evolve over time. Ensuring you meet standards and are current on the state of play can feel like a full-time job.
This is where Sovos shines. We serve as the compliance partner for many organisations, staying on top of the tall task of compliance so they can focus on what truly matters: growing their business. Our one-of-a-kind solutions are matched by our expert team’s local and global tax knowledge, providing true confidence for a regulated world.
Chile has long been a leader in adopting electronic invoicing, starting in 2001 with voluntary adoption for taxpayers.
Its status as a pioneering country with e-invoicing is reflected by the fact that all taxpayers in the nation must issue and receive electronic invoices – one type of Electronic Tax Document (DTE).
This page has all the vital information you need to understand Chile’s e-invoicing regime and how to ensure compliance. Bookmark this overview to stay updated on any future regulatory updates.
1. How does e-invoicing work in Chile?
2. Characteristics of electronic invoicing in Chile
3. Types of electronic documents in Chile
4. Format of electronic invoices and documents in Chile
5. Timeline of e-invoicing adoption in Chile
6. Penalties: What happens if I don’t comply to e-invoicing in Chile?
7. What else do I need for VAT compliance in Chile?
The current legislation requires companies to send all DTEs to the SII, Chile’s tax authority, in real time, after which they will inform the taxpayer about their acceptance. In some cases, the SII's authorisation must precede the document's sending to the client. This is the case for dispatch guides not accompanied by electronic invoices.
Mandatory for all DTEs that are sent to the SII for validation. However, the SII accepts that such documents continue to be issued when such a referral is not possible. In such cases, a contingency system has been established that will allow the SII to refer and validate these.
All local or export invoices, or debit or credit notes, must be declared to – and validated by - the tax administration.
All documents must be retained for six years due to the provisions of the Chilean Tax Code.
In principle, recipients of electronic invoices must generate an acknowledgement of receipt for the invoices they receive. However, current legislation establishes that it will be considered formally accepted after a period of eight days from the receipt of an invoice.
One of the most important changes introduced by the 30-Day Payment Law was the incentive for factoring operations with electronic invoices issued by taxpayers within the Internal Revenue Service billing system. The electronic invoice thus becomes a negotiable instrument for suppliers, who can sell such invoices on the market as if it were another security. This has resulted in the recipients of such invoices carefully monitoring the changes generated in the ownership of the invoices they have received.
Chile mandates that every established company must issue and receive electronic invoices.
While the country’s journey with e-invoicing started in the early 2000s, it wasn’t until 2018 when it became mandatory for businesses of all shapes and sizes.
Businesses must follow many rules and requirements to be compliant with Chile’s B2B e-invoicing mandate. These include using an electronic signature, securely archiving e-invoices for six years, meeting the strict administrative procedure and more.
As with B2B transactions, Chile requires B2G transactions to be documented and processed through electronic invoices. All organisations must issue and receive e-invoices when dealing with governmental and public administration entities.
B2G transactions have the same stringent requirements as B2B and B2C transactions where security is involved. These standards ensure that documents cannot be tampered with and are approved as authentic and accurate by the SII.
Chile has requirements for other electronic documents beyond e-invoices. Regulations include other e-documents related to buying and selling goods that taxpayers should be aware of, such as:
There are some common elements of electronic documents (DTE), such as e-invoices, used in Chile – including:
A mandate as significant as Chile’s e-invoicing ruling takes time to develop and implement. Here are the key dates of its development:
Chile has penalties in place for taxpayers who do not comply with the mandate’s requirements, including a fine of 50-500% of the amount of the operation.
The aforementioned fine applies to:
The former will also result in the physical location where the violation was committed being closed for up to 20 days. Repeated violations of this kind within three years may result in imprisonment.
There are other obligations established taxpayers in Chile need to meet, including general VAT compliance. Not meeting what’s required by tax authorities and governments can be costly, and that applies in Chile – so be sure you know what is expected of your organisation through our overviews.
These requirements can become even more demanding when considering your business’ obligations in other countries. That’s why Sovos is your ideal compliance partner.
Chile requires every established taxpayer to issue and receive electronic invoices (Electronic Tax Documents, or DTE).
Every established taxpayer in Chile is required to issue and receive electronic invoices when transacting.
An e-invoice can be cancelled in Chile if the cancellation is issued in the same tax period. An electronic credit note containing a field that indicates the annulment must be generated.
Electronic invoices must be cancelled in the same tax period as they were issued.
In Chile, electronic tax documents (DTE) is a general name for digital documents related to buying and selling goods and services. Electronic invoices are the most prevalent type of DTE in the country.
In Chile, electronic invoices must be secured with an electronic signature – technology that validates the integrity of the document and its content. They must also be cleared via the SII before being sent to the buyer.
If the recipient of an electronic invoice does not generate an acknowledgement of receipt within eight days of receiving the document, it will be considered as formally accepted.
Customers have eight days to respond to an e-invoice once it has been sent through SII. If it is refused or not received, the buyer must contact the seller via email. If no acknowledgement is given within that period, it will be considered formally accepted.
Electronic invoicing is becoming more common globally, following the lead of Latin American countries like Chile, and compliance must be a priority.
E-invoicing is becoming global, but it’s fragmented everywhere you do business, solidifying the need to choose a single vendor for compliance. Sovos is a tax compliance partner you can trust.
Focus on what truly matters and reclaim your time, knowing Sovos has your back. Speak with a member of our team today to begin reclaiming your time.
Brazil has plenty of tax rules and mandates to consider, but compliance doesn’t have to be strenuous. Knowing your organisation’s obligations and what each requires of you is vital – that’s why this page exists.
This overview guides you through the different taxes in Brazil, from state VAT to federal VAT, municipal service tax and federal social contribution. Compliance starts here.
1. General VAT information for Brazil
3. Requirements to register for VAT in Brazil
4. Invoicing requirements in Brazil
5. Penalties for non-compliance with VAT in Brazil
| State VAT return | Due monthly, deadline is dependent on the type of business activities carried out |
| Federal VAT return | Due on the 15th day of the second month following the month the taxable event(s) occurred |
| VAT rates | 17% |
There are multiple taxes that organisations in Brazil need to be aware of. Here’s a simple rundown.
There are several types of electronic invoices in Brazil, with e-invoicing mandatory for B2G and B2B transactions. If your organisation is established in Brazil, you must issue and receive electronic invoices when dealing with businesses or public administration entities.
Learn more about Brazil e-invoicing.
Known as ICMS, Brazil’s state VAT is levied by individual states. Each state determines tax rates, though the tax generally applies to:
Federal VAT in Brazil, or IPI, applies to national and imported goods. Imposed by the federal government, IPI applies to taxable events that include customs clearance of goods and the dispatch of goods from a domestic industrial establishment.
Brazil’s Municipal Service Tax (ISS) is a services tax paid to municipalities in the country. It applies to services that are not covered under Brazil’s state VAT, ICMS. Generally, this tax is owed to the municipality in which the service provider operates.
PIS-PASEP and COFINS are federal social contributions levied on the monthly gross revenue of organisations. While exports are exempt from these taxes, imports fall under the rules – though tax rates vary based on each organisation’s activities.
For non-residents of Brazil, the requirements for VAT registration are simple.
Non-resident businesses cannot register for VAT in Brazil without a permanent establishment in the country, and all supplies of goods or services meet the tax threshold for at least two of the four VAT types – meaning registration is necessary for any organisation doing business in Brazil.
However, the country’s tax authorities have yet to implement VAT on cross-border supplies by foreign organisations to consumers who have not registered for VAT (B2C).
Generally, any product or service sale must be accompanied by an invoice. Brazil requires businesses to register in a state by joining the National Registry of Legal Entities (CNPJ).
There are multiple types of e-invoices in Brazil, including:
Each invoice requires specific information to be valid, and this includes:
In Brazil, an electronic invoice must be presented in structured XML format and validated by the Brazilian tax authorities before it is issued to the buyer.
Failing to comply with Brazil’s VAT rules can be costly for taxpayers. There is a dramatic range for fines, ranging from 1% to 150% – though the regular penalty cost is 75% of the tax due to the authorities.
The standard VAT rate in Brazil is 17%, though it raises to 25% for specific goods or services. There are also reduced rates of 12% and 7%.
A variety of items are exempt from VAT, or zero-rated, in Brazil. They include:
In Brazil, as a rule, for example, there are assumptions of withholding taxes, in the case of the Tax on the Movement of Goods and Services (ICMS), provision in ICMS Agreement 142/2018 and, as for the Tax on Services (ISS), provision in article 6, Complementary Law 116/2003.
Brazil is quite limited in its ability for businesses to reclaim VAT. Generally, the rules are:
Companies that are not registered in Brazil cannot recover VAT.
Companies only need to appoint a fiscal representative in Brazil when they have a fixed, permanent establishment.
Brazil does not have a VAT threshold, meaning organisations must register if they fulfil any taxable supplies.
There are different deadlines for the two types of VAT in Brazil:
Brazil’s VAT number, Cadastro Nacional de Pessoa Juridica (CNPJ), is a unique identification number assigned to organisations after registering for VAT.
There is no threshold for VAT liability in Brazil. If a business supplies goods or services that are subject to one or more of the country’s taxes, then it must register for VAT.
With the numerous taxes in Brazil, compliance can be complicated. Sovos is your ideal compliance partner – not just now, but as the country’s tax rules develop over time.
We combine local tax expertise with global solutions, ensuring compliance wherever you do business. This allows you to focus on what matters.
Doing business in Argentina means meeting your tax compliance obligations. Adhering to requirements from multiple mandates, including both VAT and electronic invoicing, can be demanding for organisations.
This page serves as an overview of tax obligations in Argentina, helping you to understand your obligations – both now and as things change in the future.
1. General VAT information for Argentina
3. Requirements to register for VAT in Argentina
4. When does VAT liability apply in Argentina?
5. Invoicing requirements in Argentina
6. Penalties for non-compliance with VAT in Argentina
There’s plenty to know about Argentina’s VAT regime, also known as Impuesto al Valor Agregado (IVA).
| Periodic VAT return | Monthly Between the 12th and 22nd of the month following the end of the tax period |
| VAT rates | 21% (standard) 27% 10.5% 2.5% |
Currently, if the taxpayer is unable to issue the receipts outside the electronic issuance system due to force majeure or circumstances beyond their control, they must issue a return on a certain date with the payment receipts, credit notes and debit notes issued without using the Electronic Issuance System (SEE). Read more.
In addition to VAT and e-invoicing, taxpayers should be mindful of another declaration: the Digital VAT Book. Implemented in 2019, this obligation requires organisations to electronically record and register the following:
This regime requires taxpayers to register their operations electronically through the PORTAL IVA service.
Argentina treats goods and digital services differently when considering VAT.
In June 2018, Argentina introduced a VAT withholding levy on digital services provided to domestic consumers by foreign companies and providers.
Argentina’s General Resolution No. 4240/2018 defines the following to be taxable digital services:
The resolution requires a deduction equivalent to the standard VAT rate (21%) be withheld from the buyer’s payment, by the payment agent. VAT is levied either:
In Argentina, VAT applies to the sales value of products, most services and the import of goods and services. However, there are some exceptions.
VAT is paid by filing monthly tax returns, and the standard VAT rate is 21%. Certain goods and services qualify for special rates of 27% or 10.5%.
The first requirement for issuing electronic invoices in Argentina is that taxpayers must be registered with the AFIP (Administración Federal de Ingresos Públicos) and request an Electronic Authorisation Code (C.A.E.) from the tax authorities.
E-invoices must include a QR code, encompassing identification data and specific details – including:
Argentina penalises taxpayers who fail to meet their VAT obligations.
For those who fail to pay the VAT they owe, the penalty will be 100% of the amount owed. Those engaging in fraudulent activities may face fines ranging from two to six times the amount of tax owed—and even imprisonment in extreme cases.
The standard VAT rate in Argentina is 21%, though special rates of 27% and 10.5% apply to specific items.
In Argentina, the following are exempt from VAT:
The sale of:
The supply of:
Argentina’s VAT withholding regime applies to operations that, by their nature, may give rise to the generation of tax credits, such as the purchase and sale of movable things and the provision of services.
Depending on the operation’s characteristics, withholdings can be 50%, 80% or 100% of the VAT established on the invoice.
When leaving Argentina, taxpayers can visit any customs office to submit their invoices and purchases. Valid invoices will be refunded via stamped forms.
No, non-resident companies are not eligible to receive a VAT refund on their expenses in Argentina. This is even applicable where the non-resident has made zero taxable supplies in the company.
Argentina’s tax authorities do not require foreign taxpayers to appoint a fiscal representative when setting up a company in the country.
For taxpayers trading in Argentina, the VAT registration threshold is ARS 300,000 for goods and ARS 200,000 for services.
Returns are due between the 12th and 22nd of the month following the period end, made in Argentinian pesos.
VAT numbers are issued to registered taxpayers, used by the tax authorities to identify and verify natural and legal entities. Argentina’s code is named Clave Única de Identificación Tributaria (CUIT) and typically follows this format: 30-12345678-1.
Complying with your tax obligations in Argentina can be taxing on your resources – especially if you run an international organization. There are numerous mandates to consider, and they change over time, so keeping up with your requirements is just as important as meeting them in the present.
This is where Sovos steps in. Blending local expertise with global coverage, Sovos’ solutions and experts can take on your tax burden to ensure you are compliant everywhere you do business. Your compliance is our concern.
While electronic invoicing is not mandated yet on any level in Singapore, the country’s tax authority is working on implementing a continuous transaction control (CTC) reporting model.
Singapore’s push towards digitalization was evidenced by the launch of its e-invoicing standard framework in 2018. Singapore was the first country outside Europe to adopt PEPPOL. The PEPPOL Business Interoperability Specifications (BIS) for e-invoicing and the PEPPOL eDelivery Network have been live since 2019.
The Inland Revenue Authority of Singapore (IRAS) has announced the implementation of a phased adoption of InvoiceNow, the national e-invoicing framework based on the PEPPOL network, for invoicing data transmission. It will start voluntarily for GST-registered businesses in May 2025. The mandate will only cover B2B transactions; the government is expected to make B2G mandatory in the coming years.
Bookmark this page and revisit it often to stay on top of upcoming obligations.
Network
InvoiceNow
Format
Currently both Singapore BIS Billing 3.0 (PEPPOL) and Singapore (SG) PEPPOL PINT are allowed; PEPPOL PINT will be used exclusively from 2025.
eSignature Requirement
Ensuring integrity and authenticity is required, an e-signature is one method of assurance.
Archiving Requirement
Five years
Network
InvoiceNow.
Format
Currently both Singapore BIS Billing 3.0 (PEPPOL) and Singapore (SG) PEPPOL PINT are allowed; PEPPOL PINT will be used exclusively from 2025.
eSignature Requirement
Ensuring integrity and authenticity is required, an e-signature is one method of assurance.
Archiving Requirement
Five years.
Currently, there is no mandate for using e-invoices in Singapore. However, taxpayers can connect to the PEPPOL network to send and receive e-invoices. Singapore’s IMDA is a PEPPOL authority and, as such, those who choose to send invoices electronically through the InvoiceNow network must meet the format requirements:
Singapore BIS Billing 3.0 (PEPPOL) or Singapore (SG) PEPPOL PINT, though the latter will become the only applicable format from 2025.
Singapore is implementing a CTC reporting mandate, utilizing the nation’s InvoiceNow PEPPOL framework. The implementation of this mandate sees a move away from a PEPPOL 4 corner model, instead adopting a PEPPOL 5 corner model with taxpayers transmitting invoice data to the IRAS, the nation’s tax authority.
Invoice data from both sales and purchases needs to be reported to the tax authority. Reporting requirements for “PEPPOL e-invoices” is real-time. For invoices issued outside InvoiceNow (“solution extracted invoices”), reporting is within a specific deadline with weekly submission recommended, no later than the return due date.
Accredited Access Points (AP) are the only parties allowed to submit invoice data to IRAS using C5 API – Sovos is an accredited AP in Singapore.
The implementation of this e-reporting obligation is included in the implementation timeline below.
Digitalization is on a storied journey towards implementation in Singapore. Here are the important dates:
Singapore’s Infocomm Media Development Authority (IMDA) became the first PEPPOL Authority outside of Europe in May 2018. Later, it launched its e-invoicing network with an initial 11 Access Point providers.
The network is established on the PEPPOL framework, helping businesses exchange documents electronically. As a PEPPOL Authority, IMDA can:
Find out more about PEPPOL in Sovos’ definitive E-invoicing Guide
Businesses in Singapore are encouraged to use e-invoices, but it has yet to become mandatory.
While Singapore encourages businesses to issue and receive invoices electronically through its InvoiceNow system, it has not yet mandated e-invoicing between businesses. The mandatory e-reporting using InvoiceNow will start from 1 November 2025 for newly incorporated companies that register for GST voluntarily.
InvoiceNow is a nationwide e-invoicing initiative by The Infocomm Media Development Authority (IMDA) that helps SMEs and large enterprises streamline invoicing. The aim is to provide a faster and more sustainable way to transact, nationwide and worldwide.
Invoices in Singapore require information such as:
PEPPOL is a standard for sending electronic invoices to public sector clients (in other words, for B2G transactions) throughout the EU – and beyond. Singapore was the first PEPPOL-approved authority outside of Europe.
Singapore’s InvoiceNow e-invoicing framework is based on the PEPPOL network.
Yes, Sovos is an IMDA-certified PEPPOL service provider in Singapore. Our regulatory experts can connect to the InvoiceNow network on your behalf.
Argentina was an early adopter of electronic invoicing, with its e-invoicing journey beginning in 2002. The technology was only implemented on a widespread level across the nation in 2015, but it still beat most countries to digitizing its invoicing system.
While Argentina’s e-invoicing scheme may be less confusing than others, it’s important to know the exact rules and regulations to avoid paying the price that comes with non-compliance. This dedicated overview has you covered on all thing Argentina e-invoicing, no matter how things change in the future. Be sure to bookmark this page and check back periodically.
1. How does e-invoicing work in Argentina?
2. Characteristics of electronic invoicing in Argentina
3. Types of invoices and electronic documents
4. Benefits of using e-invoicing in Argentina
5. Timeline of e-invoicing adoption in Argentina
6. Penalties: What happens if I don’t comply with e-invoicing in Argentina?
7. What else do I need for VAT compliance in Argentina?
Here is a quick run-through of how Argentina’s e-invoicing process works:
Argentina was an early adopter of e-invoicing when considering the global landscape. It had an optional system starting in 2003, and it made electronic invoicing mandatory years later – slowly warming organisations up to the idea of transmitting data online.
Mandatory since 2015 for businesses operating in Argentina, the e-invoicing scheme also includes export invoices, cash receipts, credit memos and debit notes. Businesses registered in the country are required to file for an Electronic Authorization Code (CAE) through the domestic tax authority, and they must conform to the rules laid out in the mandate.
All taxpayers in the country – even freelancers – have had to meet particular e-invoicing obligations. These requirements change depending on the specifics of each business; for example, small businesses with an annual turnover under a particular threshold only need to issue e-receipts for in-person transactions, whereas larger businesses must issue e-invoices for all transactions.
As you may expect, having already started learning about Argentina e-invoicing, the country requires electronic invoices to be transmitted for B2G transactions.
The same rules apply as per B2B, where taxpayers are required to be approved by the tax authority, and they must issue compliant electronic invoices through the typical process.
Put simply, if you’re an Argentinian taxpayer doing business with public administrations and governmental departments, you must issue e-invoices.
There are a host of invoices and electronic documents that businesses operating in Argentina should be aware of. Different business operations require specific types of receipts, including:
There are different types of invoices to be aware of, too:
Factura de Crédito Electronica: Applies to micro, small and medium-sized businesses, allowing the advance collection of credits and receivables issued to their customers. This type of invoice can be Type A, B or C, as defined above with their corresponding credit and debit notes.
While taxpayers are technically required to send and receive invoices electronically in Argentina, there are additional benefits to e-invoicing when compared to traditional invoicing.
Argentina’s implementation of electronic invoicing was done over many years, following this journey:
A taxpayer could receive significant penalties if they fail to meet the requirements of Argentina’s e-invoicing scheme.
As per conditions established by the Federal Administration of Public Revenues, those who fail to issue e-invoices or comply with the regulation may be sanctioned with the closure of their organisation for two to six days.
While it’s important to stay current with e-invoicing rules and regulations in Argentina, your business also has other obligations.
Argentina’s VAT regulations, for example, require your organisation to pay attention to – and comply with – more than just electronic invoicing mandates. Overall tax compliance is vital for businesses, and Sovos is here to help.
Argentina has mandated electronic invoices for all companies and individual taxpayers – including freelancers – since April 2019, as per R.G 4290.
All companies and individuals in Argentina must issue electronic invoices.
Once an electronic invoice has been approved and issued, cancellations are not accounted for. Reversing the transaction must be done by issuing a credit note.
To cancel an e-invoice, a credit and/or debit note must be issued within 15 calendar days of the event that caused the need for cancellation.
The veracity of the vouchers can be verified with the following tools on Argentina’s tax authority’s website:
With electronic invoicing becoming more common globally, following the lead of Latin American countries like Argentina, it is important that you prioritise compliance.
The global – yet fragmented – adoption of e-invoicing solidifies the need to choose a single vendor for complete compliance wherever you do business. Sovos is a tax compliance partner you can trust, allowing you to focus on what truly matters.
Speak with a member of our team today to gain peace of mind.
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Tax compliance in Germany is fragmentary by nature and requires resources to ensure compliance. Consider that compliance for many German taxpayers requires meeting several mandates, and the fact that such regulations are updated often, and you understand the challenge taxpayers have to undertake. From VAT to IPT, multiple moving parts demand precious time and resources.
This page is your overview of all tax compliance obligations across Germany. To keep up with evolving requirements, be sure to bookmark and revisit frequently.
1. Germany: General VAT information
2. VAT Rules in Germany
3. IPT in Germany
4. Import VAT in Germany
5. Invoicing requirements in Germany
6. Registration for OSS in Germany
7. Registration for IOSS in Germany
8. Intrastat and EC Sales list in Germany
9. FAQ VAT compliance in Germany
10. Help for VAT compliance in Germany
11. Additional resources
Germany VAT compliance can be resource-heavy to stay on top of due to the many requirements imposed on taxpayers. These include:
| Periodic VAT return | Monthly 10th day of the month following the end of the tax period Quarterly 10th day of the month following the end of the tax period |
| Annual VAT Return | Annual 31st May of the year following the reporting year |
| EU Sales and Purchases List | Monthly 25th day of the month following the end of the tax period (for goods once sales pass EUR 100,000 annually) Quarterly 25th day of the month following the end of the tax period (for services and goods when sales are under EUR 100,000 annually) |
| Intrastat | Monthly 10th day of the month following the relevant month |
| VAT rates | 19% 7% 0% and Exempt |
| Intrastat thresholds | Arrivals: EUR 800,000 Dispatches: EUR 500,000 |
E-invoicing is on its way for all taxpayers in Germany, but complete coverage is not here just yet.
Electronic invoicing is currently divided by transaction type. While there are national and federal requirements for B2G transactions, electronic B2B invoices are still not mandated.
Taxpayers may find Germany’s e-invoicing scheme complicated due to its fragmented status, and the fact that more updates are coming. Our dedicated Germany e-invoicing page can help you to meet your compliance obligations.
Companies established within the EU but outside of Germany typically do not have to register for VAT in the country. However, there are exceptions which would require a foreign business to have to register for VAT – including:
More exceptions and other nuanced situations may require VAT registration in Germany. Contact us for more information.
Insurance Premium Tax (IPT) is another tax obligation in Germany to consider.
IPT in Germany is complex, providing numerous elements for insurers, brokers and other applicable parties to track – from rates to law changes. Just a handful of years ago, Germany underwent sweeping Insurance Tax Act reforms that caused uncertainty in the insurance market.
Put simply, Insurance Premium Tax is made up of five key elements. Together, the following determine the tax:
Find out more about Germany IPT.
Import VAT, known as Einfuhrumsatzsteuer in Germany, is a unique form of VAT that foreign taxpayers must know. It is charged by the country’s customs authorities when goods are imported into Germany from countries outside the EU.
Companies established outside of EU Member States must pay import VAT in Germany, including when using ports in Bremen and Hamburg. However, foreign taxpayers oftentimes can apply for reimbursement of import VAT they have paid if they register in Germany.
German VAT invoices have strict requirements to be legally valid. Required invoice contents include:
Cross-border trade in the EU for B2C transactions was simplified with the implementation of the One Stop Shop (OSS) scheme as part of the 2021 EU E-Commerce VAT Package.
To register for OSS in Germany, taxpayers must use the ELSTER.de portal. However, this requires an ELSTER certification, which is given to companies that have registered, paid VAT or submitted a tax return in Germany.
Learn more about OSS with our dedicated overview, or contact us for additional information.
Devised to simplify EU VAT compliance, the VAT Import One Stop Shop (IOSS) consolidates your intra-EU activities into a single VAT return.
Businesses or their local representatives must submit an electronic application to the BZSt to register for IOSS in Germany. Taxpayers who pay VAT must also specify their VAT registration number.
Read our IOSS overview, or contact our expert team to learn more.
Intrastat is an obligation for particular companies that trade internationally in the European Union. Specifically, it relates to the movement of goods across EU Member States.
Despite their being similar enforcements across the EU, Member States have chosen to implement Intrastat rules differently and they each have their own Intrastat threshold that triggers reporting. In Germany, there is a declaration threshold of EUR 800,000 for arrivals and EUR 500,000 for dispatches in 2024.
Find out more with our Intrastat guide.
Germany issues VAT refunds monthly or quarterly, depending on the business’ filing frequency. The tax authorities transfer the refund to the bank account the business provided when it registered.
Germany’s tax authorities require invoices to include specific information, including:
The standard VAT rate in Germany is 19%, applying to most goods and services. There’s a reduced rate of 7% for the likes of books, cultural services, medical and dental care.
The VAT registration threshold for taxpayers in Germany is EUR 10,000, providing they haven’t opted to pay VAT in Germany through the EU’s One Stop Shop scheme.
In Germany, VAT is due when the tax point occurs. It can be paid from the day after the end of the reporting period to the due date of the VAT return being paid.
Germany does not require companies outside the EU to appoint a fiscal representative for tax purposes. Businesses can choose whether to appoint a local representative or register directly with the appropriate tax office in Germany.
In Germany, the tax point determines when VAT is due. For goods, it is typically the time of delivery. For services, it is when the service is completed.
The tax office automatically sends a tax ID number to newly registered German addresses within three weeks of registration. It will come via mail; a duplicate can be obtained from the Finanzamt.
The delivery threshold in Germany is EUR 10,000. If a Germany-based supplier delivers goods to a customer in another European company under EUR 10,000, they will pay VAT in Germany as the threshold has not been reached.
The fragmented aspect of tax compliance in Germany can be demanding on resources, especially when keeping current on future updates and implementations. Sovos is a single vendor with global and local tax expertise that allows you to future-proof your tax compliance.
Choosing Sovos as a partner means choosing to reclaim your time, allowing you to focus on what matters: growing your business.
Germany, like many European countries, is on its way to implementing electronic invoicing requirements for domestic taxpayers of all shapes and sizes. However, e-invoicing is yet to be fully implemented and mandated in the country.
E-invoicing in Germany is currently divided by transaction type. There are national and federal requirements for B2G transactions, but the time hasn’t come for B2B transactions to utilise e-invoices yet. This will begin to change in 2025, and by 2028, all German businesses will be mandated to send and receive invoices electronically.
With Germany’s e-invoicing rollout fragmented and intensive to follow, use this page as your go-to overview to ensure you meet your obligations. Bookmark this page and revisit it whenever you need a reminder of the current requirements.
CTC Type
Network
Format
eSignature Requirement
Archiving Requirement
CTC Type
Network
Format
eSignature Requirement
Archiving Requirement
From January 2025, taxpayers must be able to receive electronic invoices. Sending and receiving e-invoices will become mandatory in Germany from 1 January 2027, applying to companies with an annual turnover exceeding EUR 800,000. From January 2028, it will apply to all companies.
This go-live date for German B2B e-invoicing was set in March 2024 when the Bundesrat passed the law known as ‘Wachstumschancengesetz’.
E-invoicing is mandated when trading with public administrations, though it’s divided at a federal state level. There is a national mandate, but it runs alongside its 16 federal states – each of which has legislative freedom to develop its own e-invoicing platform.
The following German federal states have implemented e-invoicing for governmental transactions:
The aforementioned European Directive (2014/55/EU) requires member-state government entities to be able to receive and handle electronic invoices according to the CEN standard, EN 16931.
The implementation of e-invoicing in Germany can be hard to follow. Here are the main dates you need to know:
Implementing electronic invoicing can benefit taxpayers by automating processes. Not only can this save time and headspace, it can also significantly reduce the risk of errors by removing the need for people to input and handle data manually.
While it’s now clear that there’s more to come on the e-invoicing front in Germany, there’s a larger initiative that could shift how the technology is implemented in the country – and across EU Member States at large.
VAT in the Digital Age is a proposal to digitize the European VAT system, implementing digital reporting and e-invoicing, among other new, innovative tax solutions.
It’s worth noting that while Germany is still working on implementing e-invoicing for all resident taxpayers, many countries are further along in their electronic invoicing journey. Global tax compliance can be tough, considering the nuances of each country’s tax digitization journey, but Sovos can help – wherever you do business.
While electronic invoicing is an important component of tax compliance in Germany, organisations have other obligations to stay on top of.
Staying updated with regulatory expectations becomes even more complicated when you consider the evolving nature of laws. Not only do you need to meet your current obligations, but you also need to stay on top of what’s to come – this is demanding in terms of both time and resources.
Non-compliance can be costly, but you don’t need to fall behind. Find out more about German VAT compliance with our dedicated overview.
B2G e-invoicing is mandatory in Germany, and B2B e-invoicing is currently scheduled to come into effect from 1 January 2027 for companies with an annual turnover exceeding EUR 800,000.
For B2G and B2B e-invoicing, German legislation requires the secure archival and access of electronic invoices for 10 years.
Germany has laid out plans to make B2B e-invoicing mandatory for resident taxpayers, following this timeline:
The ZRE stands for Zentrale Rechnungseingangsplattform des Bundes, which translates as Central Invoice Submission Portal. ZRE is a web portal that allows suppliers and service providers to send electronic invoices to federal entities.
ZUGFeRD is a hybrid e-invoicing format that includes human-readable (PDF/A-3) and machine-interpretable invoice data. It’s based on XML, allowing invoices to be sent as attachments or embedded within an email.
ZUGFeRD meets the requirements of the European standard (EN 16931).
XRechnung is a standard for electronic invoicing that the German government accepted in late 2020. It was devised as a standard for converting invoice information into an XML data file, serving as an e-invoice.
XRechnung also meets the requirements of the European standard (EN 16931).
B2G e-invoicing has been mandated at a national level since mid-2019, meaning that all Member State government agencies must be able to receive and manage electronic invoices.
Elsewhere, here’s the timeline for B2B e-invoicing in the country:
When transacting with federal contracting authorities, you should send an electronic invoice through the relevant state’s individual transmission platform.
B2B e-invoicing has yet to be implemented in Germany, but it provides yet another obligation for organisations to meet once it is. Then, consider the other countries where you do business and the stages they may be at in their tax digitization journeys.
One solution is to pay attention to evolving mandates and regulations everywhere you operate. The more freeing solution is to appoint a single tax compliance partner, like Sovos, to do the busy work for you.
Trusted by the world’s best companies, including half the Fortune 500, Sovos’ solutions provide global compliance through local expertise.
Peru is far along in its e-invoicing journey, having implemented a mandate for all taxpayers to issue and receive electronic invoices. Regulated by the country’s Electronic Issuance System, e-invoicing was introduced in 2010 – though it was initially voluntary.
The e-invoicing scheme in Peru includes more electronic documents than just e-invoices, adding to the complexity—especially for international organisations that have multiple national e-invoicing regulations to comply with. This page is your dedicated overview of Peru’s e-invoicing; it will be updated when necessary, so be sure to keep it in your bookmarks.
1. How does e-invoicing work in Peru?
2. Characteristics of electronic invoicing in Peru
3. Types of invoices and electronic documents
4. SEE: Electronic issuance system Peru
5. Participants in electronic issuance systems Timeline of e-invoicing adoption in Peru
6. Timeline of e-invoicing in Peru
7. Penalties: What happens if I don’t comply with e-invoicing in Peru?
8. What else do I need for VAT compliance in Peru?
Peru’s current electronic invoicing system does not require that the Electronic Payment Receipts (CPEs) be pre-validated by the National Superintendency of Customs and Tax Administration (SUNAT) or the OSE before being sent to their recipients. Once the voucher is generated, it can be sent concomitantly to SUNAT or even after being sent to the customer or recipient.
However, SUNAT discourages this because if the document previously sent to the client is rejected by the OSE or SUNAT, the document will lack tax validity and the taxpayer must issue a new document to his client.
This means that, even though CPE issuers can validate CPE through an asynchronous process, most issuers prefer to perform the pre-validation procedure or validate synchronously. Once the CPE has been received by the OSE or SUNAT, a Proof of Receipt (CDR) is issued, indicating to the issuer that the document sent for validation meets the requirements established by SUNAT.
Currently, if the taxpayer is unable to issue the receipts outside the electronic issuance system due to force majeure or circumstances beyond their control, they must issue a return on a certain date with the payment receipts, credit notes and debit notes issued without using the Electronic Issuance System (SEE).
In principle, recipients of electronic invoices must generate an acknowledgement of receipt for the invoices they receive. However, that approval may be tacit: current legislation has established that if the recipient does not acknowledge receipt, the invoice will be considered formally accepted eight days after receiving the document.
Peru regulates its electronic invoicing scheme, in which the documents are known as Electronic Payment Receipts (CPE), through its Electronic Issuance System (SEE). It’s governed by its national tax authority, the National Superintendency of Customs and Tax Administration (SUNAT).
Companies must use this system and meet strict technical requirements for both issuing and receiving e-invoices. Its implementation began in January 2014, and small and medium enterprises were the last to be included in the obligation in early 2022. From then on, all taxpayers in Peru have been mandated to issue e-invoices, as well as other sales documents.
Peru requires businesses to issue electronic invoices when transacting with suppliers of public entities and receive e-invoices from all public entities.
Much like with B2B transactions, the country’s scheme requires businesses to meet the standards set by the SEE system and archive electronic documents for five years.
There are multiple electronic issuance systems in Peru that help generate electronic payment receipts. These systems can be public, commercial or private. Here are the main systems:
SOL issuance system: SUNAT provides this free system, also known as SUNAT – Online Operations (SOL). This system has several limitations and is mainly aimed at small taxpayers and independent professionals who generate a low volume of CPE. It also has a SUNAT app and Emprender app.
Issuance system from the taxpayer’s systems: This issuance system is developed according to the taxpayer’s measures and needs. The issuance of the CPEs does not require access to the SUNAT web portal; the generation, remission and validation of the CPEs are carried out between the taxpayer’s systems and the SUNAT or OSE database.
SUNAT billing issuance system: This free application allows you to issue electronic receipts. It is aimed mainly at medium and small taxpayers with computerised systems and a high volume of billing.
Electronic services operator issuance system: The process of validating the CPEs generated by the taxpayer’s issuance systems requires entities authorised by SUNAT to electronically verify CPEs to be considered issued.
Supervised Companies Issuance Systems: Issues electronic receipts for public services. However, the issuers of these systems can choose to issue such vouchers through the issuance system from the taxpayer’s systems.
The taxpayer issues receipts electronically, either because they are required to or because they have voluntarily adhered to the system.
The consumer of goods and/or services to whom a CPE is issued and who must receive it in their capacity as a consumer. When the consumer is also an electronic issuer, they are an electronic acquirer, but if not, they are considered a non-electronic acquirer.
The entity that provides services to the electronic issuer, on behalf of the issuer, to perform activities inherent in the electronic issuance of proof of payment. The corresponding accreditation is required before the SUNAT to be a PSE.
OSE is an entity authorised by SUNAT and registered in the SBE Registry to electronically verify compliance with the essential aspects of what is issued in the SEE - SBE.
Peru took a phased approach when implementing e-invoicing, making the gradual rollout hard to follow. Here are the core dates:
Failure to issue and/or provide payment vouchers or complementary documents under the terms of the provisions in force may result in the closure of the establishment.
Issuing or granting documents where printing or importation does not meet the requirements and characteristics may result in a penalty of approximately EUR 632 or closure of the establishment
Tax compliance in Peru is larger than e-invoicing, especially considering the importance of meeting VAT obligations.
Organizations’ demands grow significantly when staying on top of regulatory changes. Compliance requires meeting demands in both the present and the future, and this can be heavy on resources. That’s why Sovos is your compliance partner; we help you achieve global compliance through local expertise.
It is mandatory for taxpayers who generate income to issue and receive electronic invoices in Peru.
Every taxpayer established in Peru must issue and receive electronic invoices.
Yes, electronic invoices can be cancelled in Peru – as long as it’s within a specific timeframe.
E-invoice cancellations must be made within 72 hours of an electronic invoice being issued.
Since 6 January 2023, taxpayers have up to three calendar days to send e-invoices to SUNAT.
Sending e-invoices or electronic notes outside of the deadline to SUNAT means the document will not be considered legitimate – even if already delivered to the buyer.
Sending electronic documents outside of the deadline to the OSE means it will not verify the documents and they are not considered valid, even if already delivered to the buyer.
With electronic invoicing becoming more common globally, following the lead of Latin American countries like Peru, it is important that you prioritise compliance.
The global – yet fragmented – adoption of e-invoicing solidifies the need to choose a single vendor for complete compliance, wherever you do business. Sovos is a tax compliance partner you can trust.
Focus on what truly matters: speak with a member of our team today to begin reclaiming your time.
Meeting your VAT compliance obligations in Greece is a multi-faceted task. This is especially true when you consider compliance is often comprised of multiple mandates, all of which are liable to continued change. From e-invoicing to myDATA, staying on top of all the moving parts that may affect your organization is vital.
This serves as your overview of all tax compliance obligations in Greece. Bookmark the page to understand your requirements – now and in the future.
Last working day of the month following the end of the reporting period.
26th day of the month following the end of the reporting period.
26th day of the month following the end of the reporting period.
Standard: 24%
Reduced: 13%, 6%
Exempt: 0%
Arrivals: EUR 150,000
Dispatches: EUR 90,000
Are you aware of the tax obligations in Greece? They include:
The standard Insurance Premium Tax (IPT) rate in Greece is currently 15%, though there is a 20% rate reserved for risks covering fire. IPT returns are due quarterly. Since late 2019, Greece has required reports to be filed annually, broken down by quarters.
The report requires specific details, including:
In Greece, VAT liability applies to the following types of transactions:
Greece’s requirements for invoices largely fall in line with the obligations of the EU VAT Directive.
Invoices must include basic information such as:
Greece requires invoices to be stored for five years from the date the tax declaration supported by the documents was, or should have been, presented to the tax authority.
Greece has a number of penalties in place for non-compliance with myDATA obligations.
Penalties are imposed on businesses in the event of failure to submit, or overdue submission of, the required data, as well as recurrence of the above violation within five years. To date, the penalties only relate to violations of the compliant reporting of income from invoices and other accounting entries (not expenses) and the recently introduced e-transport document. The implementation timeline and other details about the adopted penalties are yet to be published.
Greece has had One Stop Shop (OSS) in place since 1 July 2021. As with other EU Member States, Greece adopted this scheme to simplify VAT obligations for companies that distance sell when adopting this scheme.
The main function of OSS is that suppliers can choose to account for VAT under OSS when supplying goods cross-border within the EU – as well as all cross-border supplies of services made to final consumers in the EU. The benefit of utilizing OSS is that companies are required to register for VAT in only one EU Member State, providing that the EUR 10,000 threshold for intra-EU distance sales is exceeded.
When the Member State of identification is Greece, taxpayers are required to register through the online portal. Taxable persons established in Greece can log in to TAXISnet.
If you need additional information, please contact us or learn more from our dedicated guide.
Intrastat applies to certain businesses that trade internationally in the European Union, including Greece. The obligation relates to the movement of goods, both arrivals and dispatches, and involves reporting statistics and submitting declarations.
Qualifying thresholds decide whether a business must register for Intrastat or not, and they must be calculated each year. Each EU Member State has its own annual threshold figure. Greece’s Intrastat threshold for 2024 is EUR 150,000 for arrivals and EUR 90,000 for dispatches – if a business surpasses either of these figures, it must declare its intra-EU trades with the relevant tax authorities.
Find out more with our comprehensive Intrastat guide.
In Greece, EC Sales Lists are filed monthly for goods and services. The filing date is the 26th day of the month following the reporting period, and filing is to be done online. It is not required to submit the return in tax periods where no transactions occurred.
Reporting and transmitting data to the myDATA platform is currently mandatory for taxpayers, but the gradual implementation of myDATA is ongoing, and deadlines and requirements continue to be updated.
E-invoicing is mandated for B2G transactions in Greece, and the Greek government is in discussions with the European Commission to enforce a mandate for B2B transactions.
Once the Greek tax authorities have approved a company’s VAT registration, they will attribute the company a unique VAT number. This is the case throughout Europe.
For cross-border transactions, Greece’s VAT numbers start with “EL” and are followed by nine digits.
VAT returns in Greece are filed either monthly or quarterly. This depends on the business size and type of account books they keep.
That said, non-established businesses operating in Greece should file VAT returns quarterly.
Law 2859/2000 (also known as the Greek VAT Code) regulates the VAT Act in Greece.
The country also follows the EU VAT Directive to make Greece’s system uniform with other Member States.
There is no VAT threshold in Greece, meaning all businesses that carry out taxable transactions in Greece must register for VAT.
The standard VAT rate in Greece is 24%. There are reduced rates of 13%, 6% or 4%, depending on the applicable goods or services.
There is a reduced VAT rate of 13% in Greece for restaurant and cafeteria services, particular foods, hotel accommodations and more. There is also a reduced VAT rate of 6% for particular pharmaceutical products, theatre and concert tickets, books and newspapers, natural gas and more. Finally, there is a reduced VAT rate of 4% for services based on contracts for works intended exclusively for the overcoming or removal of architectural obstacles that limit the mobility of disabled persons, in public or private buildings or buildings that serve the public interest.
Any taxpayer who is not a resident of Greece but is required to register in Greece for VAT purposes must appoint a tax representative. Sovos can provide a fiscal representative for businesses looking to register for VAT in Greece, contact us for more information.
Meeting the varied and evolving tax obligations in Greece can take up an overwhelming amount of resources, especially over time as the rules continue to change. Factor in operations in other countries, and meeting requirements can become unruly. That’s where Sovos can help.
Working with a single vendor with local and global expertise frees up time and energy and ensures you meet the evolving needs of tax authorities wherever you do business. Let compliance be our concern.
Electronic invoicing is mandatory for B2G supplies and optional for B2B and B2C supplies.
However, the Greek authorities are on the way to implementing a nationwide B2B e-invoicing mandate as part of the e-invoicing reform. The reform started in 2020 with the roll-out of the country’s e-audit scheme called myDATA.
E-invoicing requirements across B2G, B2B and B2C transactions vary, making it a demanding task to stay on top of compliance with the country’s e-invoicing regulations. This page details the current status quo and will be updated as changes are enforced – be sure to bookmark it and revisit it to stay compliant.
1. At a glance: E-invoicing in Greece
2. E-Invoicing regulations in Greece
3. Timeline: e-invoicing adoption in Greece
4. Format of an e-invoice in Greece
5. Process of B2G e-invoicing in Greece
6. Benefits of using e-invoicing in Greece
7. Future of e-invoicing in Greece
CTC Type
E-invoicing through an accredited e-invoicing service provider
Network
PEPPOL
Format of e-invoice
EN-compliant, PEPPOL BIS 3.0 (Greek CIUS)
eSignature Requirement
N/A
Archiving Requirement
5 years
E-invoicing/CTC Type
Post-audit/Voluntary CTC e-invoicing (via an accredited e-invoicing service provider)
Network
Exchange not regulated (unless CTC e-invoicing is used)
Format of e-invoice
E-invoice format not regulated (EN-compliant, if CTC e-invoicing is used)
eSignature Requirement
N/A
Archiving Requirement
5 years
In Greece, there are several regulations relating to electronic invoicing. The regulations include:
The tax authority has rolled out the B2G e-invoicing mandate in phases. The mandate covers most public contracts, from defense to general supplies and services. The gradual implementation has been concluded according to the following calendar:
If you do business with a public sector entity in Greece, you must issue invoices electronically. Doing so requires you to follow a set process:
Greece provides incentives for using CTC e-invoicing through accredited service providers, as per Law 4701/2020, for the 2020-2024 tax years.
These incentives include a reduction of the statute of limitation for fiscal matters by two years and a depreciation of twice the cost incurred for acquiring technical equipment and software required to implement electronic invoicing.
Implementing e-invoicing can also be beneficial by automating and standardising your processes, reducing the chance of clerical errors and freeing up resources.
Following the steps of other EU countries, Greece has applied for an authorization from the EU to implement a country-wide B2B domestic e-invoicing mandate. The country is close to receiving this derogation, with the final approval from the Council of the EU still pending.
According to the EU Commission’s proposal for the derogation decision, Greece would be able to introduce mandatory B2B e-invoicing as early as July 2025. The mandate will target Greek established businesses and will function alongside the existing myDATA e-audit obligation.
The Greek government has not yet announced the official deadlines or regulatory framework for its upcoming B2B e-invoicing mandate, but this is now only a matter of time.
As many European countries seek to digitize their tax systems to increase transparency for tax authorities and reduce the VAT gap – Greece is moving in this same direction with changes on the horizon.
Electronic invoicing and myDATA are important obligations for taxpayers in Greece to be aware of, but there are more compliance needs that many need to meet.
Consider the evolving nature of tax regulations. The number of obligations and the chance of change make meeting your obligations an ongoing, demanding task.
It’s vital that you are aware of what applies to your organisation, and how to stay on top of your requirements. Find out more about Greece VAT compliance through our dedicated overview, and bookmark the page to stay updated on any regulatory updates.
Electronic invoicing is mandatory for B2G supplies, as of September 2023, and optional for B2B and B2C supplies. However, invoice data for B2B, B2G and B2C supplies, and other accounting data must be reported to the myDATA platform.
Greece has requested EU authorization to implement mandatory domestic B2B e-invoicing, still pending final approval. If approved, implementation would be possible from July 2025.
Taxpayers who transact with the public sector (B2G) must issue electronic invoices based on the European standard.
The PEPPOL network must be used to exchange e-invoices between businesses and the public sector (B2G transactions).
Since 2021, companies established in Greece have been required to electronically report accounting data through the myDATA system. MyDATA is mandatory for all taxpayers subject to Greek accounting rules.
Greece’s myDATA is a reporting obligation of ledger-type data, and it is not to be confused with e-invoicing as it doesn’t require invoices to be issued and exchanged in electronic form.
Greece mandates e-invoices in B2G transactions and allows for invoices in B2B/B2C transactions to be issued and exchanged on paper or electronically, following the standard e-invoicing rules of the EU VAT Directive or the voluntary CTC e-invoicing scheme.
Sovos’ Compliance Cloud is a complete platform for tax compliance and regulatory reporting. The platform provides one place to identify, determine and report on global tax obligations, including those in Greece.
Stay on top of the tax transformation with these resources.
Turkey was an early adopter of electronic invoicing when considering the global landscape of tax digitization. As part of its larger e-Transformation initiative, the country mandated e-invoicing in 2014.
Understanding the complexities of Turkey e-invoicing and its other electronic systems can be challenging, however, and that’s why this page exists. Be sure to avoid penalties for non-compliance by exploring this mandate overview – and bookmark the page to ensure you are always on top of any regulatory changes.
Want to speak to a tax expert? Get in touch with our compliance team.
CTC Type
Network
Format
eSignature Requirement
Archiving Requirement
CTC Type
Network
Format
eSignature Requirement
Archiving Requirement
The scope that mandates e-invoicing usage in Turkey has evolved over time. Considering the cost of non-compliance, it is important to know if you fall under the requirements of the regulation.
Companies with turnovers exceeding TRY 3 million are required to use electronic invoices, though there are also sector-based parameters for the mandate that ignore the turnover threshold. This turnover exception includes:
Before getting started with issuing and receiving electronic invoices in Turkey, taxpayers are required to register on the tax authority’s GIB portal. They need their Vergi Kimlik Numarasi – a 10-digit tax identification number – for a successful registration.
Once registered, taxpayers have a few options for issuing electronic invoices. They can either use the GIB portal, integrate the portal with their own internal applications or use a vendor like Sovos (which has its own Turkey e-invoice solution).
Besides the fact that e-invoicing is mandatory for many businesses and all public administrations in Turkey, there are several benefits of invoicing electronically.
The e-invoice mandate in Turkey requires taxpayers to include specific information on electronic invoices. These requirements include:
E-invoices are required to be secured with an eSignature. Individuals must use a Qualified Electronic Signature (QES), a more secure version of an electronic signature.
From September 2023, it will also be mandatory to include a QR code on electronic invoices (as well as other electronic document types).
E-invoicing software allows you to create and send electronic invoices online. Solutions need to meet the specifications set forth by the Turkish Revenue Authority, either integrating into your existing system or serving as a cloud platform.
Sovos’ e-invoice compliance solution allows customers to meet their compliance requirements, both in Turkey and globally. If you are part of an international organisation, our platform allows you to stay compliant wherever you do business.
Turkey is well ahead of most when it comes to the digitization of its tax system. This includes utilising electronic invoices, with the country mandating the use of e-invoices for specific companies on 1 April 2014. Find out more about Turkey’s e-Transformation.
That said, tax digitization is still developing globally. In the EU, the VAT in the Digital Age initiative aims to digitize tax across the region. If passed, this proposal could produce major changes to how businesses operate across the European Union – including using e-invoices and digital reporting.
The rapid yet fragmented digitization of tax worldwide only increases the importance of working with a global compliance partner like Sovos. It’s vital to take a long-term view when dealing with compliance.
Turkey has a vast digital tax system comprised of many electronic systems and documents. It stepped up its tax system in 2012 with its e-Transformation initiative and produced a host of potential compliance requirements for taxpayers.
As well as e-invoicing, there are other related requirements organisations must be aware of. These include:
Turkey e-invoicing is a mandate that requires certain taxpayers to issue and receive invoices electronically. According to the TRA’s regulations, taxpayers with annual revenue of over 3 million TL must register in the e-invoicing system.
Within the scope of the communiqué published by the Revenue Administration; as of July 1, 2022
Also:
The cancellation and return process of an e-invoice is the same as the paper invoices when viewed technically. However, in practice, some processes vary.
Find out more about cancelling and refunding electronic invoices in Turkey.
After switching to the e-invoice application, you cannot issue a paper invoice for e-invoice users. After switching to the e-invoice system, the option period granted to you is limited to seven days. During this time, you can continue to issue paper invoices.
In Turkey, e-invoices must be archived for 10 years.
Failure to comply with Turkey’s e-invoicing mandate may result in a financial penalty which equates to 10% of the value of the missed electronic invoice(s) in question. The maximum amount a taxpayer can be penalised in a year changes annually. Currently, the maximum is TRY 1,700,000.
It is very easy to use e-invoices with Sovos. If taxpayers who will electronically invoice with the special integrator method prefer the Sovos solution, they are given all kinds of support for an easy transition to e-invoice.
Unlike the GİB Portal method, there is no additional process required for e-invoice backup and storage with Sovos. If taxpayers who use e-invoice with the private integrator method prefer the Sovos solution, all incoming and outgoing invoices are stored securely in our developed infrastructure without paying an additional fee. (This retention is provided retrospectively for 10 years during the period of being a Sovos customer.)
Being obliged to use the e-invoice application within the framework of the conditions determined by the Revenue Administration is a term used for taxpayers. The regulations made regarding these conditions and limitations are announced by the notifications published by the GIB at regular intervals. In this context, many companies become e-invoice taxpayers within the scope of these requirements.
After switching to the e-Invoice application, you cannot issue a paper invoice for e-invoice users. After switching to the system, you are granted an option period of seven days. During this time, you can continue to issue paper invoices.
Since e-invoices are subject to the same provisions as paper invoices, the provision valid for paper invoices in Article 231 of Tax Procedure Law (VUK) No. 213 also applies to e-invoices. Accordingly, the issuance period for e-invoices is determined as seven days. According to the article, e-invoices must be created on the system and forwarded to the recipient within seven days.
Companies using SAP can benefit from Sovos’ SAP Packages for an end-to-end e-Transformation solution and start using the product without additional integration. Companies that use other ERP/Accounting Software can use their products without additional integration with the Sovos ERP Adapter solution. In integration situations where the Sovos Adapter is not covered, companies can use the Sovos API Documents to integrate with the Sovos APIs. They can access and start integration via https://api.fitbulut.com/servis/#/eInvoice.
The management of e-invoices that come with the Sovos solution is in your hands. Thanks to our user-friendly interface, you can easily access the invoice you want and archive the invoices you make transactions with in a few clicks. In addition, by providing increased control over certain invoices with the colour, display and business rules you will determine on the invoices; you can facilitate the invoice management processes of your users.
E-invoices are issued and received only between taxpayers who fall under e-invoicing obligations. The recipient and the sender must be registered in the GİB e-invoice application.
You can check whether your customer is registered on the electronic invoice from the e-Invoice-registered users list of the Revenue Administration. As another method, a query is made with VKN/TCKN from the e-invoice-registered user inquiry screens from the portal.
According to the Tax Procedure Law, the invoice must be issued within seven days from the date of service or delivery of the goods. It is possible to retroactively issue e-invoices if the seven-day period rule is followed. Technically, the portal has no restrictions.
No changes can be made to the e-invoice sent. In this case, a new electronic invoice is created upon the rejection of the invoice from the other side. Cancellation and refund transactions vary in basic e-invoicing and commercial e-invoicing scenarios.
Sovos has software that was built specifically to help customers meet their e-invoicing obligations in Turkey. Whether you integrate it into your system or use our cloud platform, it speeds up processes and provides immediate clarity for the status of your invoices.
As well as your organisation’s need to meet requirements in Turkey, the global tax digitization continues. If you operate internationally or plan to do so in the future, it’s becoming increasingly important to choose a compliance partner that monitors regulatory changes around the world. This is where Sovos steps in.
Organisations of all shapes and sizes trust Sovos with tax – including e-invoicing compliance – allowing them to focus more time and energy on their core business.
Stay on top of the tax transformation with these resources.
Since August 2024, e-invoicing in Malaysia has been mandatory for taxpayers with an annual turnover or revenue of more than RM100 million (~€20 million).
The mandate follows the continuous transaction control (CTC) model and requires e-invoices to be validated by the country’s tax authority, as well as electronic reporting of certain transactions.
The rollout to all other taxpayers undertaking commercial activities in Malaysia is ongoing, with full implementation targeted for July 2026.
Read on for an overview of Malaysia e-invoicing requirements and bookmark this page to stay updated with the latest mandate developments.
Malaysia e-invoicing adopts a continuous transaction control (CTC) approach. E-invoices must be submitted and cleared via MyInvois, the e-invoicing portal of the Inland Revenue Board of Malaysia (IRBM), known as MyInvois platform.
The IRBM requires mandatory e-invoicing for key sectors, while implementing a phased revenue-based approach through the MyInvois platform. Since August 2024, Malaysian taxpayers with an annual turnover or revenue of more than RM100 million have been required to submit and clear e-invoices for the above transactions.
Sectors in the scope of mandatory e-invoicing include:
For transactions not in the scope of mandatory e-invoicing and the buyer does not request an e-invoice to be issued, the IRBM allows businesses to submit consolidated e-invoices on a monthly basis, with suppliers required to aggregate transactions and submit these within seven calendar days after month-end through the MyInvois portal.
For cross-border transactions, Malaysian taxpayers must issue a self-billed e-invoice to document the expense, but foreign parties do not need to implement the Malaysian e-invoicing system.
Malaysia introduced mandatory B2G e-invoicing at the same time as the obligation came into effect for B2B transactions. This means that taxpayers supplying public bodies must issue compliant electronic invoices.
These e-invoices must be formatted in XML or JSON and processed via the MyInvois portal. They must be secured with an electronic signature that utilises a local certificate.
Malaysia was an early adopter of Peppol in terms of international adoption.
Peppol is a pan-European e-invoicing initiative and the Malaysian Digital Economy Corporation (MDEC) spearheaded the framework’s adoption as part of the country’s drive towards mandating e-invoicing.
Malaysia aligned its e-invoicing standards with Peppol’s framework and standards to help push B2B transactions towards digitisation. As a result, taxpayers
Learn more about Peppol e-invoicing.
Taxpayers with an annual turnover or revenue below RM500,000 (approx. 100 thousand euros) are exempt from mandatory e-invoicing requirements.
For the latest updates and an in-depth timeline, bookmark our Malaysia e-invoicing system blog.
Malaysia’s e-invoicing mandate allows submission of e-invoices via a third-party API. Sovos’ e-invoice and e-reporting compliance solutions are suitable for Malaysia and other international tax requirements.
It’s hard to stay on top of tax and e-invoicing requirements, especially when your organisation operates in many countries. That is where Sovos comes in. Your compliance is our business; let us take care of your tax obligations—especially as rules and regulations evolve—so you can focus on growth.
E-invoicing has been mandatory for certain transactions for specific taxpayers since August 2024. The rollout to all other taxpayers undertaking commercial activities in Malaysia is ongoing, and full implementation is targeted for completion by July 2026.
There is a consolidated e-invoice requirement for transactions where e-invoicing is not mandatory, and the buyer does not request an e-invoice to be issued. Taxpayers must aggregate all invoices and receipts issued and issue a consolidated e-invoice via the MyInvois, on a monthly basis (within seven days from the month end).
The Malaysian government is gradually introducing this requirement across different taxpayer groups. All businesses conducting commercial activities in Malaysia should identify which implementation phase applies to their organisation. The rollout to all remaining taxpayers is progressing, with complete implementation targeted for completion by July 2026.
The Inland Revenue Board of Malaysia (IRBM) is the country’s e-invoicing authority. It is responsible for the MyInvois Portal, the platform used to submit, clear and validate e-invoices in the country.
Taxpayers within scope of the e-invoicing mandate submit documents via the country’s MyInvois Portal for validation, before sharing with the buyer. The real-time e-invoicing process saves time and resources for businesses and facilitates cross-border and international trade.
Malaysia is one of many countries in Asia Pacific to adopt e-invoicing including China, South Korea, Singapore, Japan and the Philippines.
Yes, Sovos has been granted accreditation as a Peppol Service Provider by the Malaysia Digital Economy Corporation (MDEC). We are authorised to register end-user participants in Malaysia Service Metadata Publisher (SMP).
Peppol Service Providers, or Peppol Access Points (APs), are tasked with establishing and managing the connectivity gateways that serve as access nodes within the e-invoicing network. They ensure compliance with Peppol standards, facilitate the routing of e-invoices to the appropriate destination APs and handle the registration and updating of participant information in the Malaysia SMP.
Poland’s e-invoicing requirements are in flux. While the government has been required to receive e-invoices in B2G transactions since April 2019, the country’s B2G (for suppliers) and B2B e-invoicing rules are set to come into effect in February 2026 for taxpayers whose turnover exceeds PLN 200 million (approx. EUR 46 million) in 2024, and in April 2026 for all other taxpayers.
Staying in the know is vital if your business is to avoid costly penalties.
Continue reading to learn about the current status quo of Poland e-invoicing, including the introduction of a Continuous Transaction Controls (CTC) system via the KSeF platform, as well as what you can expect going forward.
CTC Type
E-Invoice clearance via KSeF or PEF for B2G transactions carried out with public institutions will take effect in February 2026 for taxpayers whose turnover exceeds PLN 200 million (approx. EUR 46 million) in 2024 and in April 2026 for everybody else.
Network
Possible e-invoice issuance both via PEF and KSeF. If B2G, e-invoice will be issued in PEF and automatically transferred to the KSeF in order to assign a KSeF number. The PEF invoice will be visible in the KSeF in the appropriate tab for PEF invoices, and the information about the assigned KSeF number will be available in PEF.
Format
PEF format (following the European Standard EN-16931-1:2017) or KSeF format supporting XML invoices (following the logical structure FA_VAT).
eSignature Requirement
A qualified electronic signature or seal are one of the means that taxpayers must use to authenticate in KSeF.
The integrity and authenticity of an invoice are ensured by issuing structured e-invoices via KSeF.
Archiving Requirement
10 years.
CTC Type
E-invoice clearance via KSeF for transactions carried out by taxpayers with a registered office or fixed establishment in Poland (if in the latter case, the fixed establishment participates in the supply for which the invoice is issued) will take effect in February 2026 for taxpayers whose turnover exceeds PLN 200 million (approx. EUR 46 million) in 2024 and in April 2026 for all other taxpayers.
Network
Centralised network where the e-invoice exchange is processed through the KSeF platform provided by the Ministry of Finance.
Format
XML following the logical structure FA_VAT.
eSignature Requirement
Qualified electronic signature or seal are one of the means that taxpayers must use to authenticate in KSeF.
The integrity and authenticity of an invoice are ensured by issuing structured e-invoices via KSeF.
Archiving Requirement
10 years.
Tax compliance is monitored and regulated by the Ministry of Finance, particularly the National Revenue Administration. After implementing the SAF-T changes in Poland in the form of JPKs (Jednolity Plik Kontrolny), the Ministry of Finance is currently revolutionising the invoicing system, introducing the centralised platform Krajowy System E-Faktur (KSeF) for the transmission of structured e-invoices.
Since 2019, public entities in Poland have been mandated to receive and process e-invoices. While currently optional for suppliers of public entities, the transmission of e-invoices will be required for B2G and B2B transactions when the mandate is implemented in 2026.
Poland has introduced a national electronic invoicing system called KSeF (Krajowy System e-Faktur), which is a centralised platform for issuing and exchanging electronic invoices with a structured format, known as FA_VAT. The go-live date for issuing and receiving invoices via KSeF has been postponed three times since it was originally announced. Once in action, buyers and suppliers in B2B and B2G transactions will be mandated to issue and receive e-invoices through the KSeF platform.
While e-invoicing through KSeF has been available on a voluntary basis (known as KSeF 1.0), the Polish Ministry of Finance has implemented several changes to the system with KSeF 2.0, scheduled for launch in February 2026. This updated version includes features such as optional B2C e-invoicing, a permanent “offline24” mode, support for attachments, and postponement of certain KSeF-related obligations.
Learn more about KSEF 2.0, the key changes and its roll out in our blog.
The issuance of electronic invoices through KSeF has been voluntary for businesses since 1 January 2022, meaning suppliers can issue e-invoices via KSeF. However, buyers can still request to receive them in a different format outside of KSeF.
This will change when e-invoicing via KSeF becomes mandatory in 2026 for the majority of businesses in Poland – namely registered VAT taxpayers who have a registered office or fixed establishment in Poland (if, in the latter case, the fixed establishment participates in the supply for which the invoice is issued).
Poland’s own portal, PEF (Platforma Elektronicznego Fakturowania), has been in place since 2019. It aims to centralise and facilitate B2G e-invoice transmission allowing private companies and public bodies to issue and receive electronic invoices. All public entities in Poland have been obliged to register on PEF and receive structured e-invoices since 18 April 2019.
When the mandate takes effect, the PEF and KSeF systems will merge, meaning that e-invoicing in B2G transactions will be possible both via PEF and KSeF. B2G invoices will also need to receive a unique KSeF ID.
For instance, taxpayers will be able to use features available in KSeF like semantic validation of the e-invoice. Tax authorities will be able to access such invoices, regardless of if they were issued through PEF or KSeF. Therefore, it will be possible to continue issuing B2G invoices via PEF and according to the PEF e-invoice standard.
The implementation of e-invoicing in Poland has been done in stages. Here is a brief timeline of electronic invoicing’s adoption in the country:
Refer to this blog for an in-depth timeline about e-invoicing in Poland.
While businesses will be legally required to use electronic invoices, there are benefits that taxpayers can enjoy when comparing e-invoices to traditional, paper invoicing. These include:
Learn more about Sovos’ e-invoicing solution.
It’s not enough to accept software that accommodates e-invoicing without adapting it to the often-changing local rules and standards, resulting in the new status quo right as it comes into effect.
While functionality is important, also consider the future when choosing your ideal e-invoicing software provider.
International businesses must keep their eye on the bigger compliance picture, looking beyond local mandates to ensure they are meeting their obligations everywhere they do business. This can be heavy on resources, especially when considering the scope for regulatory updates across multiple jurisdictions.
This is why it is key to work with a global provider such as Sovos.
The future of e-invoicing is clear: Poland is working towards a vast implementation. A mandate will enter into force in February 2026 and become a requirement for many taxpayers. However, the implementation of VAT in the Digital Age (ViDA) cannot be forgotten when considering the future of e-invoicing in Poland. Designed to digitise the VAT system in the EU, ViDA will deliver further changes to how taxpayers in the country do business.
The future of e-invoicing and tax as a whole may be changing across the European Union, but Sovos can provide your organisation with the consistency and peace of mind you require. Bookmark this page to remain updated with the latest developments that may affect how you do business.
Keeping on top of the upcoming e-invoicing requirements is important, but it’s also crucial to remember other obligations your business may face when complying with Poland’s VAT regulations.
While adapting to the pressure of implementing e-invoicing, taxpayers need to remain mindful of overall VAT Compliance and the current SAF-T mandate in Poland.
The results of non-compliance can change businesses forever, but Sovos is here to help you stay on top of your obligations.
Sovos prides itself in its continuous transaction controls (CTC) software which is purpose-built for customers who must remain on top of tax obligations wherever they do business – even as regulations change in the future.
Taxpayers established in Poland will be starkly aware of the evolving demands of compliance, with B2B and B2G transactions requiring electronic invoicing.
As CTCs and e-invoicing rise in prominence globally, there has never been a better time than now to find a compliance partner who understands the rules in play and is already looking ahead at what’s to come. Sovos is the provider you can trust.
The Sovos e-invoicing compliance solution was put to work by Brown-Forman, which looked to ease the burden of compliance from its IT department. Brown-Forman was able to reallocate its resources to core business functions with peace of mind, knowing that Sovos was there to ensure its e-invoicing requirements were being met.
E-invoicing is mandatory in Poland for the public sector who must be able to receive e-invoices for B2G transactions. This will change when both B2G and B2B e-invoicing becomes obligatory via KSeF from February 2026 for the largest taxpayers and in April 2026 for everyone else. B2C e-invoicing will be optional.
Taxpayers will be mandated to electronically report specific information through KSeF, e.g. in cross-border transactions. In practice, e-invoicing and e-reporting are performed in the same way.
Sovos has the first global solution for e-invoicing compliance, including e-reporting functionality.
Yes, invoice archiving is mandatory in Poland. When KSeF becomes mandatory in February 2026, invoices will be automatically stored in the KSeF system for 10 years, though businesses are still advised to maintain their own archives as well.
Poland’s VAT Act mandates that invoices must be issued in two copies, with one being sent to the customer. Invoices cannot be raised before 30 days of the date of the delivery of the goods or services, but also no later than 15 days after the month they were delivered.
VAT invoices must contain numerous details as required by the tax authority, including the likes of:
With the implementation of mandatory e-invoicing, additional data points are required to comply with the invoice schema.
Sending and receiving electronic invoicing for B2B and B2G transactions via KSeF in Poland will become mandatory from February 2026 for taxpayers whose turnover exceeds PLN 200 million (approx. EUR 46 million) in 2024 – and in April 2026 for all taxpayers.
KSeF (Krajowy System e-Faktur) is Poland’s national electronic invoicing system, which is a centralised platform for issuing and exchanging electronic invoices. E-invoices must follow a structured format, known as FA_VAT.
Access QR codes will be mandatory on invoices shared outside of KSeF with counterparties, whether issued in online or offline mode. Additionally, a second QR code based on the KSeF certificate will be required for invoices issued in the offline modes under specific circumstances.
E-invoicing will not completely replace SAF-T (JPK – Jednolity Plik Kontrolny) in Poland, but it will eliminate the need for JPK_FA reporting for invoices issued via KSeF. JPK_FA is a standardized electronic file containing sales invoice data that Polish businesses must submit to tax authorities upon request.
Poland VAT compliance can be a tall task for those yet to devise a future-proof strategy. Considering legislation changes frequently and the ongoing phased implementation of e-invoicing, it takes a lot of time, money and energy to meet your obligations.
This is your overview of all the tax compliance rules applicable in Poland, covering mandates and requirements such as VAT, SAF-T (JPK) and e-invoicing via KSeF. Add this page to your compliance toolbelt so you can understand and meet your obligations – both now and in the future.
There are several tax obligations in Poland that taxpayers must be mindful of. These include:
While Poland does not have an Insurance Premium Tax (IPT) regime, it does have some parafiscal charges that are applicable to the insurance premium.
The Fire Brigade Tax (FBC) is applicable in special cases. There is also a so-called Financial Ombudsman Charge (FOC) to be settled online and paid to the Polish Financial Ombudsman Office on a yearly basis. This charge is applicable for all insurance companies operating under Freedom of Services (FOS) or Freedom of Establishment (FoE) in Poland as well as for Domestic Insurance Companies.
Previously, Insurer Ombudsman Charge (IOC) applied to all 18 classes of non-life insurance and life insurance policies. It was replaced by the Financial Ombudsman Charge (FOC) in January 2023.
The act of importation is a taxable event for which VAT is chargeable in Poland.
There is an option to use postponed accounting on imports. Poland introduced the option to defer import VAT as of 1 July 2020, enabling businesses to declare the tax through the VAT return without any cash payment. This mechanism is a great cash flow for the company as it doesn’t have to advance the VAT at Customs.
Taxable persons can use the mechanism, irrespective of whether the goods are subject to simplifications from the EU Customs Codes. To use the deferment mechanism, taxpayers must have a clear history of recent VAT compliance.
Polish VAT invoices must be issued no later than the 15th day of the month after the taxable supply, and no earlier than 30 days before the supply of goods or completion of a service.
The electronic invoice will be considered issued on the day it is sent to KSeF, i.e. at the moment when it enters the system. When a structured invoice is assigned a KSeF number (unique ID), which contains the date of issue, it becomes legally valid. The issuance date is also in the Official Receipt Certificate (UPO).
To learn more about e-invoicing requirements in Poland, read our dedicated Poland e-invoicing overview.
One Stop Shop (OSS) has been effective in Poland since 1 July 2021, aiming to simplify VAT obligations for companies involved in distance selling.
Its main benefit is that a supplier can choose to account for the VAT due under OSS, which can be used for intra-EU cross-border supplies of goods and all cross-border supplies of services made to final consumers in the EU.
As a result, the company is required to register for VAT in only one EU Member State instead of registering for VAT in all EU Member States in which it operates – provided that the pan-EU threshold of EUR 10,000 in intra-EU distance sales to consumers is exceeded.
OSS can be used by businesses established in and outside the EU. If a supplier or a deemed supplier decides to register for OSS, it must declare and pay VAT for all supplies (goods as well as services) that fall under OSS.
Where the Member State of identification is Poland, the taxable person is entitled to file a notification to II Urzad Skarbowy Warszawa Srodmiescie by electronic means.
The forms for the EU OSS procedure are as follows:
The forms for non-EU OSS procedure are as follows:
If you need help, please contact us or find more information on our dedicated guide.
Import One Stop Shop (“IOSS”) is effective as of 1 July 2021 and applies to B2C distance sales of goods from outside the EU.
Under the standard procedure, VAT is due on all commercial goods imported into the EU Member State (the country of destination).
The purpose of IOSS is to facilitate the declaration and payment of VAT due on the sale of low-value goods of consignment valued at less than EUR 150. If the IOSS is used, the importation into the EU is exempt from VAT.
When using IOSS in Poland, a taxable person without a registered seat in the territory of the EU must indicate Poland as the Member State of identification. The taxable person in charge of the supply, or the intermediary, is entitled to file a notification with the II Urzad Skarbowy Warszawa Srodmiescie electronically.
The forms for the IOSS procedure are as follows:
If you need help, please contact us or find more information on our IOSS overview.
Intrastat is an obligation for certain businesses that trade internationally in the European Union, relating to the movement of goods across EU Member States.
While the requirements remain similar across the region, certain Member States have implemented rules differently and each has its own Intrastat threshold for reporting. Poland’s declaration threshold for 2024 is PLN 6.2 million for arrivals and PLN 2.8 million for dispatches.
Find out more with our Intrastat guide.
The standard procedure for VAT returns in Poland includes monthly filing. Taxpayers deemed as ‘small’, however, can file VAT returns quarterly if they meet specific requirements. VAT returns can be submitted by the official portal or through approved software.
VAT returns need to be filed by the 25th of the month following the accounting period. This is of utmost importance as taxpayers can be financially penalised for failing to meet the deadline, as well as the potential to accrue statutory interest and potentially face legal proceedings.
Since October 2020, there has been a Uniform Control File (JPK_VAT) that is made up of a record section and a declaration section. This consolidates data that was included in VAT returns prior to the file’s introduction.
There is a host of required information that must be included on invoices, including (but not limited to):
With the implementation of mandatory e-invoice, additional data points are required to comply with the invoice schema.
Unit price of goods or services
The standard VAT rate in Poland is 23%, though certain goods and supplies have reduced rates of 8% and 5% and some services are exempt from VAT altogether.
The VAT registration threshold for companies established in Poland is PLN 200,000.
There is no threshold on the VAT registration for foreign companies not established in Poland; they are required to register for VAT prior to making their first VAT-relevant supply in the country.
VAT applies to the supply of goods and rendering of services in Poland for consideration. VAT liability is money owed to the tax authority and is calculated by subtracting credits from the total amount of VAT a taxpayer has collected at the moment the VAT becomes chargeable.
The deadline for making the relevant VAT payment is the same as for submitting the VAT return part of the SAF-T, i.e., by the 25th day of the month following the month in which the tax point arises. VAT liabilities must be paid by bank transfer and in Polish zloty.
The Polish Tax Authorities require businesses established outside of the EU and having a VAT registration in Poland to appoint a fiscal representative in Poland. The fiscal representative can be an individual or a company, such as Sovos. The fiscal representative is jointly and severally liable with the taxpayer for the tax liability, which the fiscal representative settles on behalf of and for the benefit of that taxpayer in Poland.
It is worth noting that, since 23 February 2021, taxpayers established in Norway or Great Britain have not been obliged to appoint a fiscal representative when operating in Poland. The companies established in both Norway and Great Britain can register directly for VAT purposes in Poland. This entails that the legal representative of the company can sign the registration form without any involvement from the Polish established Company or an individual acting in the capacity of a fiscal representative.
An EU business is not required to appoint a fiscal representative to register for VAT in Poland, but it may choose to do so.
VAT applies to the following transactions in Poland:
The following activities are outside the scope of Polish VAT:
Transactions that cannot be subject to legal agreements (illegal transactions)
Sales of businesses (transfers of going concerns or part thereof)
The threshold for VAT registration for Polish-established businesses is PLN 200,000 (about EUR 46,000).
The VAT registration limit may apply either:
Businesses operating in Poland may additionally opt to register for VAT regardless of reaching the threshold or if their operations comprise only VAT-exempt activities.
Non-established businesses – foreign businesses without a place of business in Poland – must register for VAT in Poland when making taxable supplies of goods or services in Poland. They are exempt from registration when they exclusively supply the following services:
The varied nature of tax obligations in Poland means compliance can be a resource-heavy task – especially when you consider the high probability of future updates and implementations. Choosing Sovos, a single vendor with global and local tax expertise, allows you to future-proof compliance.
Reclaim your time so you can focus on growing your business by speaking with our expert team today. Compliance is our concern.
Romanian VAT Compliance can be described as a layered system conflated with different declarations and requirements, from SAF-T obligations to electronic invoicing. In this page, businesses aiming to remain compliant and looking to know the most up to date news, can find an overview of the main Romanian VAT rules. Scroll down to learn about Romanian VAT compliance requirements and how to remain compliant.
Romania is a complex country for VAT rules, with many elements that companies need to be aware of. These include:
Periodic VAT return (Decont de taxa pe valoarea adaugata) | Monthly |
Quarterly | |
Romanian Domestic Supplies & Purchase listing (Declaraţie informativă privind livrările/prestările şi achiziţiile efectuate pe teritoriul national – D394) | Monthly |
SAF-T (Declarației informative D406) | Monthly/Quarterly |
SAF-T Stocks (Declarației informative D406) | On-demand – a minimum 30-day deadline |
SAF-T Assets (Declarației informative D406) | Deadline for the submission of Financial Statements for the year |
EU Sales and Purchases List | Monthly |
Intrastat | Monthly |
VAT rates | 19% |
Intrastat thresholds | Arrivals: RON 1 million |
Romania is at the forefront of VAT compliance, having implemented a broad range of requirements, from SAF-T obligations to e-invoicing. You can find more information on the various rules and requirements here:
Taxable persons established in Romania are required to register for VAT purposes if their annual turnover exceeds the threshold RON 300,000 (EUR 88,500). Established entities that don’t meet the threshold may opt to register for VAT purposes.
Non-established entities are required to register for VAT purposes, regardless of annual turnover, when practicing certain activities such as Intra-Community transactions or exports.
In Romania, VAT liability encompasses various transaction types – including, but not limited to, the following:
Legislation in Romania states that invoices, paper or electronic, must include the following information:
Since January 2024, the Romanian B2B e-invoicing and e-reporting mandate has applied to established taxpayers and VAT registered entities – concerning all B2B transactions with place of supply in Romania.
From January 2024, VAT-registered entities must report their invoices (regarding domestic B2B transactions) to the RO e-Factura platform within five working days of issuance.
Established taxpayers are equally required to electronically report their invoices from January 2024.
The tax authority provided a three-month grace period where no penalties will apply, meaning that penalties will be imposed from April 2024.
From July 2024, the e-reporting obligation will shift to an e-invoicing requirement for transactions between established taxpayers. If established taxpayers fail to issue the invoice electronically, the invoice must be reported within five calendar days to the RO e-Factura platform.
In addition to the invoicing content requirements, which must also be included in electronic invoices, the e-invoice must comply with certain technical requirements as well.
You can find more information about Romania’s e-invoicing rules on our dedicated Romania e-invoicing page.
The EU established the One Stop Shop (OSS) in July 2021, implementing an EU-wide 10,000-euro threshold for VAT and simplifying cross-border online sales in the region simpler. This is part of the EU VAT e-commerce package.
Following the applicable Romanian VAT rules, the following fall within the scope of the OSS regime:
These entities may choose Romania as their Member State of registration for OSS purposes.
Non-EU entities, which do not have a fixed establishment in the European Union, may also register in Romania for OSS purposes – only if carrying out distance sales of goods when the goods are dispatched from Romania or any other EU Member State.
In addition to the OSS registration, taxable persons may also apply to the Import One-Stop Shop (IOSS) in Romania which concerns B2C distance sales of goods from outside the region.
Intrastat returns – which are related to the movement of goods in the European Union – are submitted in Romania if the taxable person exceeds the provided threshold.
Even though Intrastat requirements remain similar across the EU, each Member State may implement rules differently. Our Intrastat Guide is a useful tool for navigating cross-border trading in the EU.
In Romania, the Intrastat threshold for both arrivals and dispatches of goods is RON 1,000,000 (around EUR 201,000). The Intrastat return must be submitted by the 15th day of the following month.
The EU Sales and Purchases List is submitted in Romania by taxable persons carrying out Intra-Community supplies or purchases of goods or certain services. The return must be submitted by the 25th day of the following month and is not required to be submitted in tax periods where no transactions occurred.
The Domestic Supplies & Purchase listing (form 394), first implemented in July 2014, is an additional return to be submitted periodically by all VAT-registered entities in Romania. The return includes data on domestic supplies and purchases between VAT-registered entities and must be submitted by the 30th day of the month following the end of the tax period.
In Romania, any entity subject to taxation (not just VAT) shall receive a tax identification number.
The number of digits in the VAT number may vary.
The Romanian periodic VAT return – Decont de taxa pe valoarea adaugata – is submitted on a monthly or quarterly basis, if the taxpayers’ annual turnover remains below the equivalent in RON of 100.000 EUR. The returns must be submitted electronically by the 25th day of the month following the end of the applicable tax period.
The VAT return must include the amount of the deductible VAT as well as the VAT charged in the tax period.
Taxable persons established in Romania are required to register for VAT purposes if the RON 300.000 (EUR 88.500) annual turnover threshold is exceeded. There is no threshold for non-established entities.
The Romanian VAT Act is part of the Fiscal Code (Codul Fiscal) of 8 September 2015, adopted by Law no. 227/2015.
The applicable VAT rates in Romania are 19%, 9%, 5% and 0%.
As a rule, the standard rate of 19% applies to all supplies of goods and services.
The reduced rates of 9% and 5% are only applicable to certain specifically identified goods and services. The 9% rate applies to:
The reduced rate of 5% is applicable to:
Exceptionally, certain transactions are taxable at a 0% rate, namely:
Romania’s VAT rules provide reduced VAT rates of 9% and 5%, depending on the goods and services in question.
Taxable persons not established in the EU that fall under the obligation to register for VAT purposes in Romania are obliged to appoint a fiscal representative.
Yes. Since January 2023, Romania‘s mandatory e-transport system has monitored the transport of certain goods in the national territory. The e-transport system operates in parallel with Romania’s e-invoicing system. For more information read our in-depth blog about the e-transport system in Romania.
Looking back at this overview, it becomes clear just how fast-paced Romania’s developing VAT compliance requirements are. Sovos helps customers navigate difficult VAT compliance landscapes worldwide, by leveraging our global coverage.
We take care of compliance so you can concentrate on growing your business.
The Dominican Republic is just one of the many nations that are turning to e-invoicing. From 2024, established taxpayers will be required to meet strict new rules for how they execute business transactions.
Understanding what’s to come is vital, as is choosing a partner with the technical know-how and foresight to ensure compliance during change. Bookmark this page to stay updated with developments in e-invoicing in the Dominican Republic, written by regulatory experts.
CTC Type
E-invoice clearance according to the calendar, starting with the first group in May 2024
Network
The system’s web services are a set of protocols and standards that, using extensible markup language (XML) and REST API, allow the exchange of data between the heterogeneous invoicing software of taxpayers and the tax authority through an environment defined as {Environment}, finding various services in electronic invoicing
Format
Electronic invoices will be sent in an XML file, which consists of a plain text record that uses a series of custom tags to describe both the structure and other characteristics of the document
eSignature Requirement
A digital certificate for Tax Procedure, issued and signed digitally, by a certification entity authorised by INDOTEL or a certificate with an institutional link is required
Archiving Requirement
10 years
CTC Type
E-invoice clearance according to the calendar, starting with the first group in January 2024
Network
The system’s web services are a set of protocols and standards that, using XML and REST API, allow the exchange of data between the heterogeneous invoicing software of taxpayers and the tax authority through an environment defined as {Environment}, finding various services in electronic invoicing
Format
Electronic invoices will be sent in an XML file, which consists of a plain text record that uses a series of custom tags to describe both the structure and other characteristics of the document)
eSignature Requirement
A digital certificate for Tax Procedure, issued and signed digitally, by a certification entity authorised by INDOTEL or a certificate with an institutional link is required
Archiving Requirement
10 years
The electronic invoicing regulation in the Dominican Republic was published on 17 May 2023 and lays out the specific expectations and requirements for taxpayers.
Firstly, the e-invoicing regulation applies to natural and legal persons, both public and private. It also applies to entities without legal personality domiciled in the Dominican Republic that carry out the transfer of goods, delivery in use or provision and lease of services for consideration or free of charge.
All issuers of electronic invoices are to be recognised and authorised as such by the DGII and have a digital certificate for Tax Procedure issued by an entity authorised by the Dominican Institute of Telecommunications (INDOTEL).
Electronic invoices must be compliant with a set format and are to be sent to the authority and electronic receiver. Each e-invoice will have a Printed Representation (RI) of the electronic tax receipts (e-CF) which will be delivered physically to exceptional non-electronic receivers.
The regulation outlines three forms of acceptable e-CF issuance:
Find more details on the e-invoicing regulation in the Dominican Republic.
It can be difficult to stay informed about the changes to e-invoicing’s implementation in the Dominican Republic. This simple timeline details the key developments:
Both issuing and receiving electronic invoices are currently voluntary for both B2B and B2G transactions in the Dominican Republic. This will change in 2024 when the first wave of mandatory requirements rolls out, specifically to large taxpayers.
View the timeline below to find out exactly when e-invoicing will be obligatory for different taxpayer groups.
The impending launch of electronic invoicing in the Dominican Republic brings along the need to find a system and strategy that works. Strategy isn’t one-size-fits-all; compliance is imperative and, subsequently, so is finding a solution that understands your company.
Sovos is a global compliance partner for organisations of all shapes and sizes, and our solutions not only help you to comply but also free up resources so you can focus on what really matters.
Another aspect of compliance to be mindful of is that requirements change. It’s unavoidable. Instead of jumping between solutions, organisations that partner with Sovos have peace of mind that they will be compliant in the present and meet any new demands that come in the future.
e-CF, otherwise known as an electronic tax receipt, is the Dominican Republic’s version of an electronic invoice. Taxpayers must submit e-CFs to the nation’s tax authority, DGII, for approval.
Once you have issued an electronic invoice, request an e-CF sequence and the DGII will validate the file. Once the tax authority has validated the e-CF, you will receive authorised versions.
The different statuses for e-CF are as follows:
Regarding e-invoicing in the Dominican Republic, the Acknowledgement of Receipt only confirms that the electronic invoice has been received. The Commercial Approval indicates whether the e-CF has been accepted or rejected.