Regulatory Analysis
Portugal has officially postponed the mandatory B2G electronic invoicing obligation for small, medium and microenterprises, once again. Although B2G e-invoicing became mandatory for SMEs on 1 January 2025, Decree-law no. 13-A/2025 postpones the obligation, granting taxpayers a new deadline for compliance. Therefore, until 31 December 2025, micro, small and medium-sized companies are allowed to use invoicing […]
The Nigerian Federal Inland Revenue Service (FIRS) is set to roll out its e-invoicing system in phases starting in July 2025, starting with a pilot phase for selected large taxpayers. In September 2024, FIRS announced plans to introduce mandatory e-invoicing through a new digital system called FIRS e-invoice. This system will enable businesses to generate, validate, store, and exchange invoices in real-time, […]
On 12 March 2025, Greece’s Independent Authority for Public Revenue (AADE) and the Ministry of National Economy and Finance published Decision A.1046/2025, amending the scope and requirements of the country’s e-transport document framework. The mandatory e-transport framework, introduced in 2024, requires taxpayers to submit transport data to the myDATA platform and obtain authorization from the […]
The Council of the European Union has now formally adopted Council Implementing Decision 2025/502, officially authorizing Greece to introduce a country-wide B2B e-invoicing mandate. According to the Decision published today, Greece is permitted to implement mandatory B2B e-invoicing for domestic transactions between taxpayers established in Greece. The Greek government has already implemented mandatory B2G e-invoicing, […]
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 framework by introducing mandatory domestic B2B and B2G e-invoicing and a real-time continuous transaction control (CTC) system for reporting invoice data to the tax authority across B2B, B2G, and B2C transactions. […]
The Saudi Arabian Tax and Customs Authority (ZATCA) announced the 21th wave of Phase 2 of the e-invoicing initiative. The 21th wave includes taxpayers whose revenues subject to VAT exceeded (SAR 1.25 Mn) (approximately USD 333K) during 2022 or 2023 or 2024. Taxpayers within this group are expected to integrate with the system as of November 30, 2025. Phase 2 of the e-invoicing […]
The VAT in the Digital Age Package (ViDA) has been adopted by the EU 27 months after it was initially proposed by the Commission in late 2022. The package includes a directive, regulation, and implementing regulation, focusing on three key areas: digitalizing VAT reporting by 2030, requiring online platforms to collect VAT on short-term accommodation […]
On 11 February 2025, the Financial Administration of the Republic of Slovenia (FURS) published a new draft law regarding the introduction of mandatory B2B e-invoicing. This new draft proposes changes to the previously issued proposal announced by the Slovenian government in 2024, which aimed to introduce both mandatory B2B e-invoicing and CTC e-reporting starting in […]
On February 17, 2025, the Federal Inland Revenue Service (FIRS) announced plans to launch an e-invoicing pilot in the second half of this year, starting with selected large taxpayers. The announcement was made during a stakeholder engagement meeting attended by large taxpayers from businesses across various sectors. In September 2024, FIRS announced its plans to introduce mandatory […]
Bosnia and Herzegovina has opened Public Hearing on the Draft Law on Fiscalisation of Transactions from January 1, 2025 to March 1, 2025. In late 2024 Bosnia and Herzegovina published a draft Law introducing mandatory B2B, B2G, and B2C e-invoicing and real-time reporting requirements aiming to combat tax fraud. The objective of the public consultation is […]
In their 2024/25 Budget, the Botswana Minister of Finance had shared its plans to implement mandatory phased e-invoicing to enhance VAT collection efficiency. However, no specific roll-out dates were established. In the latest update from the 2025 Budget Speech, the Minister of Finance announced the development of the Electronic VAT Invoicing Solution. This project aims […]
Following the postponement of the 2025 budget bill from December 2024, on 15 February 2025, the Act on Finance for 2025 has been published in the French National Gazette. For insurance Premium Tax (IPT) there are two notable measurements in this Act: 1.) Higher rate for fire insurance premium A 12% rate is introduced for […]
The United Kingdom’s HM Revenue & Customs (HMRC) and the Department for Business & Trade have launched their highly anticipated public consultation on promoting electronic invoicing across UK businesses and the public sector. This consultation marks a significant move toward modernizing business practices and enhancing digital transformation in the country’s economy. The purpose of this […]
The European Parliament has approved the VAT in the Digital Age (ViDA) proposal, bringing it one step closer to official adoption. The proposal will now head to the Council of the EU for final approval, marking a key step in the effort to modernize VAT systems throughout the European Union. ViDA is a tax reform […]
The Saudi Arabian Tax and Customs Authority (ZATCA) announced the 20th wave of Phase 2 of the e-invoicing initiative. The 20th wave includes taxpayers whose revenues subject to VAT exceeded (SAR 1. 5 Mn) (approximately USD 399K) during 2022 or 2023. Taxpayers within this group are expected to integrate with the system as of October 31, 2025. Phase 2 of the e-invoicing […]
The Ministry of Finance in the UAE announced on 6 February 2025 the launch of a Public Consultation on eInvoicing. This initiative aims to gather feedback from stakeholders on the proposed eInvoicing data requirements, ensuring transparency and alignment with industry needs. The Ministry of Finance hopes to: Establish a common understanding of data elements used […]
Slovenia has introduced a new obligation for all VAT-registered taxpayers to prepare and submit VAT ledgers in addition to the existing VAT return requirements. This new reporting requirement will take effect from 1 July 2025. Taxpayers will be required to submit separate ledgers for output and input transactions. The VAT ledgers must be submitted monthly, in […]
The Italian Revenue Agency (Agenzia delle Entrate) has announced important updates to the Italian mandatory e-invoicing “FatturaPA” technical specifications and schemas. The technical documentation has been updated to version 1.9 and will be effective from 1 April 2025. A summary of the main changes introduced by this updated version are as follows: · Introduction of Document […]