- Shortened Invoice Retention Periods: Starting January 1, 2025, Germany will reduce the mandatory invoice retention period from 10 years to 8 years for invoices with retention obligations beyond December 31, 2024, while other business documents will still require a 10-year retention.
- Adjusted Small Business Regulations: The turnover thresholds for small businesses exempt from VAT under the Small Business Scheme will increase to €25,000 for the previous year and €100,000 for the current year, aligning with EU regulations.
- E-Invoicing Flexibility for Small Businesses: Small businesses under the new thresholds will not be required to issue EN-compliant electronic invoices and can use alternative formats like PDFs or paper invoices, but they must be able to receive EN-compliant e-invoices.
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