- Germany received EU Council permission to adopt special VAT rules for e-invoices in 2023, with the “Growth Opportunities Act” detailing the requirements.
- Starting from January 1, 2025, e-invoices will be mandated for domestic B2B transactions taxable in Germany, with exemptions for VAT-exempt sales and small-amount and ticket invoices.
- The definition of e-invoices will narrow, requiring compliance with EU Directive 2014/55/EU and CEN standard 19631. Non-compliant invoices will be classified as “other invoices” and transitional phases will allow for continued use of paper and consent-based electronic invoices until 2027. Businesses must prepare their systems for unrestricted e-invoice reception from 2025.
Source Taxually
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Germany"
- New Guidelines for Vehicle-Specific VAT Declaration Forms Released by German Ministry of Finance
- Germany Updates GoBD Rules to Reflect Mandatory E-Invoicing
- Template for VAT Declaration on Individual Vehicle Taxation Released by Federal Ministry of Finance
- VAT in Germany – A comprehensive up to date guide
- Germany Publishes Second GoBD Update to Align with E-Invoicing
