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e-Invoice Conversion in the APAC Region | Part 1

  • The APAC region is implementing e-Invoice systems to prevent tax evasion and non-compliance, with regulations being established in accordance with national standards for B2G and B2B transactions.
  • Australia and New Zealand have adopted the PEPPOL standard for e-Invoicing, with Australia making it mandatory for all B2G transactions following PEPPOL standards from July 1, 2022, and gradually mandating the use of e-Invoicing in businesses of all sizes.
  • In Vietnam, electronic invoices became obligatory for both public and private sectors from July 1, 2022, with taxpayers required to register on the e-Invoice portal and issue invoices in XML format with a digital signature.
  • In the Philippines, issuance of electronic receipts and invoices has been effective since 2022 as a pilot program.

Source SNI

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