Indonesia VAT Compliance
Indonesia VAT Compliance Value Added Tax (VAT) is a significant source of revenue for the Indonesian government. It applies to most goods and services at
Region: Asia Pacific
Russia E-invoicing
Russia E-invoicing Russia regulates electronic invoicing nationwide, but its usage remains mainly optional. Only transactions involving certain traceable goods require buyers to issue e-invoices. Russia
Philippines: Upcoming Mandatory Cross-border E-Invoicing
The Philippines has published Joint Administrative Order (JAO) 001-2025, issued by the Committee on Pre-border Technical Verification and Cross-border Electronic Invoicing (CPTVCEI), which includes key
Croatia- Draft Law Proposal and Public Consultation Launch
Croatia has published a Draft Law on the Law on Fiscalisation and opened a Public Hearing from 27 February 2025 to 25 March 2025. The draft law broadens the current Fiscalisation
Philippines: New Rules on e-Invoicing and CTC e-Reporting Published
The Philippines Bureau of Internal Revenue (BIR) has published Revenue Regulations 11-2025, which implement changes to existing e-invoicing and CTC e-reporting obligations. The officially published
UAE E-invoicing
UAE E-invoicing The United Arab Emirates (UAE) introduced comprehensive e-invoicing legislation in 2025, with mandatory implementation set to begin in phases starting in January 2027.
Cambodia: Mandatory B2G E-invoicing Stage 1 Announced
In December 2024, the Ministry of Economy and Finance (MEF) announced the launch of Cambodia’s centralized CTC e-Invoicing System, allowing taxpayers to join voluntarily. In
Malaysia: Go-live postponement for certain taxpayers
The Inland Revenue Board of Malaysia (IRBM) has recently updated their guidelines to include a postponement of the CTC mandate for certain small taxpayers. Previously,
Australia Promotes Peppol E-invoicing
The Australian Government is enhancing its commitment to increase Peppol e-invoicing in the country. This commitment is highlighted in the State Budget for 2025. The
New Zealand E-invoicing
New Zealand E-invoicing New Zealand began its e-invoicing journey in 2018 through a joint venture with Australia. While it’s far behind many other countries in
Australia E-invoicing
Australia E-invoicing Australia is on its e-invoicing journey. It has slowly been rolling out electronic invoicing rules and requirements since 2018, when it launched a
Electronic Invoicing
China: Voluntary e-invoicing soon to be possible across country
The State Taxation Administration (STA) in China recently decided to officially promote the optional adoption of digital electronic invoices throughout the country. The announcement, effective
Singapore and EU Digital Trade Agreement
Singapore has concluded negotiations for a Digital Trade Agreement with the European Union in July 2024. The aim is to streamline digital trade by fostering cross-border
Thailand Approves Extension of 7% VAT Rate to 2025
The Thailand Department of Revenue announced an extension to the reduced VAT rate of 7% from October 1, 2024 to September 30, 2025 through PR
Tax Compliance
Sovos Expands Operations in the Asia Pacific Region
More significant presence in ASIA-PAC enables better communication and service for customers (Singapore – September 18, 2024) Sovos, the always-on compliance company, today announced the
Taiwan: E-Invoicing Updates Regarding e-GUI
The Taiwanese Congress has updated the “Value-Added and Non-Value-Added Business Tax Act” (BTA) to revise the procedures for electronic invoices. These amendments require taxpayers to
Singapore E-invoicing
Singapore E-invoicing While electronic invoicing is not mandated yet on any level in Singapore, the country’s tax authority is working on implementing a continuous transaction
Vietnam: Extension of Temporary 8% Standard VAT Rate Reduction until December 31, 2024
Pursuant to Decree 72/2024/ND-CP as published on June 30, 2024, supplies of goods and services subject to the standard 10% VAT rate will continue to