- Mandatory Electronic Invoicing in Germany: Starting January 1, 2025, electronic invoicing will be required for all VAT-bearing domestic business transactions in Germany, with a transition period extending until the end of 2027 for small businesses and exemptions.
- Objective of the Regulation: The initiative aims to enhance the adoption of electronic invoicing to streamline VAT reporting and reduce opportunities for tax evasion, moving towards a fully integrated digital VAT collection system that eliminates the need for separate periodic reporting.
- Future EU-Wide VAT Changes: This domestic mandate is a precursor to the broader EU initiative (ViDA) that will require all EU member states to implement electronic, transaction-based VAT reporting by July 2030, positioning Germany as a key player in this transition.
Source The Invoicing Hub
Latest Posts in "Germany"
- Germany Introduces Language Flexibilities for E-Invoicing
- European Customs Union: Facilitating Free Trade and Protecting Citizens for Over 50 Years
- Judgment on June 24, 2025: Reassessment of Customs Debt Following a Refund Decision
- ECJ VAT C-409/24, C-410-24, C-411/24 – AG Opinion – VAT Treatment of Ancillary Services: Separate Standard Rate Taxation Allowed
- Germany to Implement Permanent 7% VAT Rate for Restaurants and Catering from 2026
