- 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
Click on the logo to visit the website
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Germany"
- Germany B2B E-Invoicing in 2027: Time to Prepare
- BMF Clarifies VAT Deduction Rules for Permanently Loss-Making Institutions: Two-Step Assessment Required
- Germany Publishes GEBA, Retires Old XRechnung Profiles to Boost E-Invoicing and Peppol Readiness
- Federal Court: Monthly/Quarterly and Annual VAT Returns Are Separate Acts, Not a Single Offense
- Incorrect VAT Statement in Intra-Community Supplies: Taxation Before Quick Fixes and EuG Decision
