- Mandatory E-Invoicing Timeline: Germany will implement mandatory e-invoicing for B2B transactions starting January 1, 2025, requiring all companies to receive CEN/EN 16931-compliant e-invoices. By January 1, 2027, companies with revenues over 800,000 EUR must issue compliant e-invoices, and by January 1, 2028, this requirement will extend to all businesses regardless of size.
- E-Invoice Compliance Standards: E-invoices in Germany must adhere to strict guidelines outlined by the CEN/EN 16931 standard, ensuring authenticity, integrity, and readability. Acceptable formats include XRechnung and ZUGFeRD, while unstructured formats like PDFs and non-compliant formats such as EDIFACT are not allowed.
- Preparation for Transition: Businesses must prepare to accept and process CEN-compliant e-invoices as paper invoices will no longer be accepted. Investing in the right technology and systems is essential for a smooth transition to a digital invoicing system, streamlining processes, enhancing accuracy, and reducing administrative burdens.
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