- E-Invoicing Reform Overview: On September 13, 2024, the DGFiP and AIFE outlined progress on the upcoming e-invoicing reform set for September 2026, emphasizing their commitment to a smooth implementation.
- Program Split and New Projects: The reform program has been divided into two main projects: the construction of a central Business Directory and a Concentrator for data processing, and the standardization of interoperability between Public Data Providers (PDPs).
- Construction Details: The Business Directory will consolidate company addressing information from various sources, while the Concentrator will process invoicing data from PDPs, aiding in VAT return preparation and tax audits.
- Standardization Initiatives: A national standard for invoice formats will be established by an AFNOR commission, and the DGFiP will act as the Peppol Authority to streamline interoperability among PDPs, enhancing efficiency in electronic invoicing exchanges.
- Preparation for Companies: Companies must proactively engage with their PDPs to define address lines, analyze e-reporting data, and collaborate on testing to meet the upcoming requirements, ensuring a smooth transition to the new system.
Source Kamila Ferhat
Latest Posts in "France"
- France publishes information on simplifications and allowances regarding e-invoice obligations
- French Court Ruling Highlights Importance of Documentation for VAT Exemption on Exports
- Navigating VAT Obligations: A UK Medical Company’s Compliance Journey in the EU
- Letter Template for Appointing a VAT Representative in France for Non-EU Businesses
- EU Court Rules Formal Errors Don’t Block VAT Exemption on Reimported Goods Without Fraud
