The Polish Ministry of Finance yesterday announced a timeline for its plans to introduce a Continuous Transaction Controls (CTC) scheme, with a roll-out to start at the end of 2021.
By the end of 2021, e-invoicing via a centralized platform will be made available, but still remains optional for companies; from 2023 it will be mandatory for companies to issue all invoices via this CTC system.
The aim with the e-invoicing scheme is not just to reduce fraud but also to simplify the invoice issuing process for companies and facilitate business operations.