The European Commission has published a report summarizing the effects of Directive 2014/55/EU on electronic invoicing in public procurement. The report was mandated by the directive and involved consultations with various stakeholders.
The report found that the directive has successfully removed trade barriers and improved interoperability in eInvoicing for public procurement. It led to the creation and widespread adoption of a single European standard for eInvoicing. However, full adoption of eInvoicing was achieved only in some countries with additional regulations or high digital maturity.
While the directive has had a positive impact on the proliferation of eInvoicing, the report highlights the need for further efforts to encourage wider adoption and address remaining interoperability challenges.
Source Comarch
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "European Union"
- ViDA e-invoicing and digital reporting requirements: What businesses need to know
- CEN Approves Revised EN 16931: A Milestone for ViDA Implementation (updated with Timeline)
- CJEU Clarifies VAT Rules for App Stores: Platforms Deemed Suppliers in Digital Sales
- Reforming VAT Rules to Ensure Fair Competition for UK Small Businesses and Tackle Online Fraud
- Comments on ECJ C-232/24 (Kosmiro): Where does credit end and debt collection begin?
