- France has gradually introduced e-invoicing and e-reporting mechanisms for commercial operations between private companies and public institutions.
- The mandatory usage of e-invoicing and e-reporting for private companies established in France was initially set to begin in 2024, but due to implementation issues, the mandate has been postponed to an undisclosed time period.
- The new implementation timeline will be addressed during the preparation of the State Budget Law at the end of 2023.
- E-invoicing and e-reporting are separate requirements that will impact companies established in France and non-resident companies in certain situations.
- E-invoicing represents a digitalization of invoicing requirements, while digital reporting mandates impact the generation, transmission, and storage of transactional data under the French General Tax Code.
Source 1stopvat
