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E-invoicing Mandate: Transforming Greece’s Tax Landscape by 2024 and Beyond

  • Greece is planning to mandate electronic invoicing in the second half of 2024.
  • The exact date for the introduction of e-invoicing for the B2B sector is still unknown.
  • The Prime Minister of Greece announced a proposal for various tax measures, including the e-invoicing mandate.
  • The reform will allow tax authorities to cross-check transactions in real-time.
  • The Ministry and the Greek tax authority are in dialogue with the European Commission to discuss the conditions for implementing the e-invoicing mandate.
  • The mandate will be rolled out in phases based on turnover.
  • Accredited e-invoicing service providers will be involved in the process.
  • The current e-invoicing tool, “Timologio,” provided for free on the myDATA platform, may be expanded as a centralized method of issuing invoices, but this is not confirmed yet.

Source: fiscal-requirements.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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