- Germany has received approval from the European Union to implement electronic invoicing in the private sector starting from January 1, 2026.
- Taxpayers in Germany’s B2B sector will be responsible for issuing and receiving electronic invoices for domestic transactions.
- While other EDI invoices can still be shared with buyers’ consent, from January 1, 2028, only EN-compliant electronic invoices will be allowed.
- All companies established in Germany and required to issue invoices for their sales will be affected by this legislation.
- The transmission of electronic invoices is not regulated, and businesses can choose from three options for ensuring the integrity and authenticity of electronic invoices: company internal controls, EDI, or electronic signature.
- The proposed bill does not address DRR, but Germany is expected to follow what will be established under ViDA.
- Proactive planning is necessary to optimize existing systems and transition to a new ERP system if needed.
Source eBusiness eXpert
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