- Mandatory E-Invoicing Legislation: Senegal’s Finance Bill of 2025 will make electronic invoicing mandatory for all taxable persons, ending the previous voluntary adoption and requiring invoices to be sent in a structured electronic format through a centralized platform.
- Sanctions for Non-Compliance: The Directorate General of Taxes and Domains (DGID) has introduced sanctions for non-compliance, including fines of up to 25% of the VAT amount, capped at XOF 5 million (approximately EUR 7700) per invoice.
- Implementation Timeline: While the official timeline for mandatory e-invoicing is yet to be announced, the Finance Bill marks a significant step towards the digitalization of invoicing and tax collection in Senegal, following the example of neighboring Benin.
Source
Latest Posts in "Senegal"
- Senegal Plans Tax Reforms in Digital Sector to Boost Economy and Public Finances
- Senegal’s 2025 Finance Bill Proposes Mandatory E-Invoicing Without Specific Format or Timeline
- Senegal’s VAT on Digital Services: A Guide to Compliance
- Senegal’s Move Towards e-Invoicing: A Key Element of the 2025 Finance Bill
- Senegal Moves Towards Mandatory e-Invoicing