- Germany will introduce mandatory electronic invoicing for transactions between domestic entrepreneurs starting January 1, 2025
- Exceptions include invoices for tax-exempt services, small amounts up to 250 Euros, and travel tickets
- The new regulation is part of the digitalization of business transactions and requires digital processes for creating and processing electronic invoices
- The existing tax regulations will be adapted to the new conditions, while the material legal content of an invoice under VAT law remains unchanged
- Until December 31, 2024, electronic invoices could be issued with the recipient’s consent, in addition to paper invoices
- Starting January 1, 2025, electronic invoices must be issued, transmitted, and received in a structured electronic format that allows for electronic processing
- The structured electronic format must comply with the European standard for electronic invoicing according to Directive 2014/55/EU
Source: michaelamerz.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Germany"
- BMF Issues Final Guidance on VAT Exemption for Educational Services Effective January 2025
- Input Tax Deduction Right: Timing, Invoicing, and No Retroactive Deduction (BFH, 2025)
- Germany Clarifies VAT Exemptions for Educational Services, Expands Eligible Providers and Services
- Right to Input VAT Deduction When Invoice Received After Ceasing Domestic Transactions – BFH XI R 17/22
- VAT on Digital Content Voucher Codes: Single-Purpose Vouchers Subject to Tax Upon Transfer in Germany
