Sovos Compliance Cloud The industry’s first and only complete platform for tax compliance and regulatory reporting Get in touch Trusted by the World’s Best Companies Including Half the Fortune 500 A New Approach Lower your risk and cost Disparate point solutions silo your data, business processes and teams. The Sovos
Elcim Sirek and Marcelo Souza to drive growth and revenue at a time of increasing importance in the global compliance category ATLANTA, JANUARY 31, 2024 – Global compliance technology solutions and services provider Sovos today announced the appointment of two new sales leaders. Elcim Sirek has been promoted to the
VAT Compliance in Romania: An Overview for Businesses 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
Dominican Republic e-invoicing 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
Constandi to lead customer success and engagement to drive recuring revenue and customer retention ATLANTA, JANUARY 9, 2024 – Global compliance technology solutions and services provider Sovos today announced the appointment of Dominic Constandi as its new Chief Customer Officer. In this role, he will initiate and drive customer
As tax authorities continue to digitize processes in their mission to reduce fraud and close their VAT gaps, they are introducing requirements that provide greater visibility into a company’s financial operations in the form of Continuous Transaction Controls (CTC). It would be a mistake to think that being prepared to
Romania e-invoicing E-invoicing in Romania is developing fast. With a current B2G and High Fiscal Risk B2B mandate already in place and a new obligation facing all companies with operations in Romania from 1 Jan. 2024, it can be hard to stay on top of your business’ requirements. Failing to
The convergence of traditional Value Added Tax (VAT) and transactional compliance regimes is creating new obligations and responsibilities for companies doing business around the world. When it comes to VAT, compliance is so much more than just reporting. Here are six pitfalls you should avoid in the pursuit of VAT
Romania SAF-T declaration Since 2022, medium and large taxpayers in Romania have had to report their VAT electronically to the tax authority under the international standard known as SAF-T (Standard Audit File for Tax). Romania implemented SAF-T to improve the data it receives in VAT returns, requiring more granular detail
Spain e-invoicing: What you need to know Spain e-invoicing Spain is one of many European countries to adopt e-invoicing for taxpayers. With several standards to comply with and additional regional VAT compliance, understanding Spain’s e-invoicing requirements can be complex. Our regulatory experts break down what you need to know, from
Greece’s VAT reform started back in 2020 and it has manifested itself in three continuous transaction control (CTC) initiatives. Namely, the initiatives are: myDATA e-audit scheme Voluntary CTC e-invoicing, performed through service providers who must meet certain certification criteria New generation cash registers which report B2C data to myDATA in
Updated: 9 April 2024 Intrastat thresholds are value thresholds which decide if companies in an EU Member State qualify to file a return to tax authorities, based on their intra-community trading. These thresholds change annually, prompting businesses to conduct an annual recalculation to know their obligations. This blog contains all
Extension of the implementation dates of the B2B e-invoicing Mandate. Update: 9 December 2024 On September 15th, 2024, the French Tax Authorities published a Press Release announcing a profound change in the upcoming French Mandate for electronic e-invoicing & e-reporting. Indeed, the Public Portal (aka PPF) will no longer provide
E-invoicing: Your Guide E-invoicing isn’t new. It has existed for over three decades. Globally, e-invoicing adoption is growing with new mandates appearing each year and many tax authorities continuing to announce intentions to introduce measures. This guide is all you need to understand e-invoicing for good. It will help you
Value Added Tax (VAT) recovery is a matter of great significance for businesses; therefore it is crucial to understand the correct procedures for ensuring successful recovery. Businesses can recover their incurred VAT through either their VAT return or by submitting a refund claim. The deadline for submitting claims under the
Update: 12 September 2025 by Kelly Muniz Expansion of E-invoicing Scope Malaysia has expanded the scope of its mandatory e-invoicing requirements to include additional types of activities/transactions, according to the latest E-Invoice Specific Guideline (Version 4.4) released on 12 September 2025 by the Inland Revenue Board of Malaysia (IRBM). Key Updates Effective
The Electronic Invoicing Law of the Dominican Republic was published on 17 May 2023, mandating e-invoicing throughout the territory as of 18 May 2023. The law was published in the Official Gazette, whose purpose is to regulate the mandatory use of electronic invoicing in the Dominican Republic, including the establishment
SaaS technology veteran to lead company as more and more countries mandate e-Invoicing globally, driving adoption of Sovos’ global tax compliance solutions BOSTON, JUNE 6, 2023 – Global tax software provider Sovos today announced the appointment of Kevin Akeroyd as Chief Executive Officer. Akeroyd joins Sovos from Magnit, where he served as CEO