- Germany has complex rules for electronic invoicing due to differing regulations in its 16 federal states.
- As of April 2019, central public bodies must be able to receive e-invoices, and as of April 2020, suppliers to the German public sector must be capable of sending electronic invoices.
- The Growth Opportunities Act, passed in February 2024, introduces a new e-invoicing obligation for domestic business transactions.
- By January 2025, all German companies must be able to receive electronic invoices, and by January 2027, companies with an annual turnover of over €800,000 must issue electronic invoices.
- By January 2028, all German companies must issue electronic invoices. The transition to e-invoicing is intended to optimize financial processes and reduce administrative burdens.
- The EN 16931 standard must be complied with for electronic invoices, although companies can negotiate the EDI standards.
- These changes demonstrate Germany’s commitment to technological innovation and aim to promote a more efficient and transparent economy.
Source Ecosio
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