- As of January 2022, Italy is introducing new archiving rules that will help companies have more structured metadata, which will be stored;
- Italy is also introducing new rules for cross-border e-invoicing as of 2022, and all e-invoicing will be handled by SDI (Sistema di Interscambio) instead of the Esterometro, which has been used until now;
- In 2021, Portugal introduced B2G e-invoicing for big companies, with SMEs and other companies following suit on 1 July 2021;
- On 1 October 2021, Poland introduced the KSeF Platform (Krajowy System e-Faktur), which will be voluntary as of January 2022 and obligatory from 2023.
Outside of Europe, companies are also moving towards a more digital future:
- Thailand has introduced an e-tax e-invoicing system for all business operations;
- The Australian government is starting mandatory e-invoicing for all Commonwealth activities as of 1 July 2022, with the hope of boosting the current adoption of e-invoicing (80% of invoices as of July 2021);
- The Zakat, Tax, and Customs Authority (ZATCA) in Saudi Arabia has published final technical requirements for e-invoicing regulations, effective from December 2021, while transmission will be mandatory as of January 2023;
- By January 2022, all e-invoicing will become mandatory in Egypt after a successful rollout of the first phases;
- The USA Federal Reserve started a rollout project to establish a standardised B2B e-billing system, in preparation for an in-market pilot programme as of early 2022.
Source thepayers.com
