VATupdate

Share this post on

Final proposal on German e-invoicing legislation published

  1. Growth Opportunities Act and E-Invoicing:
    • The Mediation Committee of the Upper House and the German Parliament discussed the implementation of the Growth Opportunities Act, which includes provisions related to e-invoicing in Germany.
    • As of now, the proposed legislation has not been approved, but further discussions are scheduled for March 22, 2024.
  2. E-Invoicing Timeline:
    • Starting from January 1, 2025, it will be mandatory for businesses in Germany to accept invoices electronically. E-invoicing will become the standard method.
    • Specifically for domestic B2B sales, e-invoicing will be compulsory for all German-established companies with an annual turnover exceeding EUR 800,000 beginning on January 1, 2027.

Source Meridian


  • Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

 

Sponsors:

VAT news

Advertisements:

  • VATupdate.com