- Growth Opportunities Act passed on March 27, 2024
- Requires e-invoicing for B2B transactions
- Compliance with EN16931 European standard
- European standard specifies UBL and UN/CEFACT CII
- Transitional periods until December 31, 2027
- Practical issues to address during transitional periods
- Legal challenges with e-invoicing and compliance with GoBD
- Section 14b of German VAT Act requires invoices to be kept for 10 years
Source: fgs.de
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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