Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in April 2025

Podcasts on E-Invoicing & E-Reporting mandates on Spotify

AFRICA

Morocco to implement Mandatory E-Invoicing in 2026

Mandatory E-Invoicing in Morocco: Starting in 2026, Morocco will implement mandatory electronic invoicing, led by the General Directorate of Taxes (DGI) to improve fiscal efficiency, transparency, and combat tax evasion.
Implementation Phases: The roadmap includes key phases: public consultation and platform development in October 2024, a pilot phase with volunteer companies in October 2025, and a gradual rollout starting early 2026, prioritizing larger companies first.
System Design and Security: The DGI is considering a post-audit or Continuous Transaction Control model, opting for a decentralized system using authorized providers. The platform will use microservices architecture, ensuring scalability, interoperability with international standards, and enhanced security with electronic signatures.

ASIA

India – New GST E-Invoice Rule: Mandatory 30-Day Reporting for Businesses with Rs. 10 Crore Turnover

New E-Invoicing Requirement: Starting April 1, 2025, all businesses with an Annual Aggregate Turnover (AATO) of Rs. 10 crore and above must report e-invoices to the Invoice Registration Portal (IRP) within 30 days of generation, significantly lowering the previous threshold of Rs. 100 crore.
Consequences of Non-Compliance: Invoices not submitted within the 30-day window will be automatically rejected by the IRP, and any unreported invoices will become invalid for Input Tax Credit (ITC) claims, impacting both suppliers and buyers.
Steps for Compliance: To adapt to the new rule, businesses should automate alerts for timely reporting, ensure real-time syncing with IRP systems, and train staff on the updated e-invoicing guidelines to avoid regulatory issues.

Pakistan’s e-Invoicing Mandate: FBR Sets Integration Deadlines for Corporate and Non-Corporate Entities

The Federal Board of Revenue (FBR) of Pakistan has mandated the integration of electronic invoicing systems for corporate and non-corporate registered entities, with key deadlines set for May 1, 2025, for corporate entities and June 1, 2025, for non-corporate entities, specifically targeting businesses in the fast-moving consumer goods (FMCG) sector.
The integration requires businesses to electronically link their invoicing systems with the FBR’s computerized platform through licensed integrators or Pakistan Revenue Automation Limited (PRAL), ensuring real-time generation and transmission of sales tax invoices in compliance with existing sales tax regulations.
This initiative, formalized under the Sales Tax Act and Rules, aims to enhance digital compliance, improve real-time reporting, reduce tax evasion, and foster a data-driven tax administration environment in Pakistan, urging FMCG businesses to prepare promptly for the integration deadlines

Vietmam – E-Invoicing Updates: Key Amendments and Implementation Timeline for 2025

New E-Invoicing Regulations and Timeline: The Vietnamese government has announced amendments to its national e-invoicing regulations, which will take effect on June 1, 2025. These updates are part of a broader tax reform and digital transformation initiative, including a new VAT Law and provisions for e-commerce platform operators.
Expanded Eligibility and Clarified Issuance Rules: The amendments broaden the scope of entities eligible to use e-invoices to include non-resident suppliers engaged in e-commerce, individual businesses, and households that can authorize third parties to issue e-invoices. The timing for issuing e-invoices, especially for exported goods and specific sectors like banking and e-commerce, has been clarified to enhance compliance.
Detailed Invoice Content Requirements: New regulations specify the necessary information to be included on e-invoices, such as buyer identification numbers and detailed descriptions of goods and services. The decree also addresses the replacement and adjustment of e-invoices, expands the scope of prohibited acts related to invoicing, and updates reporting templates, all aimed at modernizing Vietnam’s tax system in line with digital economy needs.

EUROPEAN UNION

Bulgaria Mandates SAF-T Reporting from 2026: A Complete Guide for Businesses

Introduction of SAF-T in Bulgaria: Starting January 2026, Bulgaria will implement SAF-T (Standard Audit File for Tax) reporting, enhancing its tax compliance framework by aligning with international standards and facilitating streamlined information exchange between businesses and tax authorities.
Phased Rollout Plan: The SAF-T implementation will occur in phases, affecting various business sizes over several years, with large businesses starting in January 2026 and micro businesses by January 2030, allowing adequate preparation and system adaptation.
Reporting Obligations and Compliance: Bulgarian businesses must submit detailed monthly and annual reports under the SAF-T framework, with grace periods for initial compliance, while non-compliance can result in significant penalties, emphasizing the need for timely and accurate reporting to avoid fines.

US and EU Join Forces to Improve e-Invoicing Compatibility

Joint Commitment to Interoperability: The United States and the European Union are collaborating to enhance e-invoicing interoperability through the Global Trade Challenges Working Group. They aim to reduce transaction costs and promote efficiency by establishing principles such as “connect once, connect with everyone” and ensuring no roaming fees between Access Points.
Alignment of Standards and Frameworks: Both regions are working towards greater compatibility in their e-invoicing frameworks. While the EU has a regulatory framework based on Directive 2014/55/EU and the EN 16931 standard, the U.S. relies on industry initiatives. The U.S. profiles are modeled after the European standard, leveraging the OASIS Universal Business Language to ensure a high degree of alignment.
Benefits of Enhanced Cooperation: Improved interoperability in e-invoicing is expected to accelerate invoice processing, enhance cash flow, and reduce complexities and costs for businesses, particularly for SMEs. This cooperation not only facilitates smoother cross-border transactions but also opens up opportunities for innovative applications in areas like supply chain optimization and payment automation.

France – Parliament rejects 1-year delay to Sept 2026 launch of B2B e-invoicing & B2C e-reporting

On April 11, the National Assembly rejected a delay for e-invoicing and e-reporting to September 2027. Plans are advancing, with 87 PDP providers preparing for interoperability testing in October.

Germany – Peppol BIS Billing 3.0 and XRechnung: Interchangeable Within Germany

Germany has enhanced e-invoicing flexibility by integrating XRechnung requirements into Peppol BIS Billing 3.0, allowing both formats to be used interchangeably, which promotes greater interoperability and efficiency in the B2G sector.
Both formats comply with the European standard EN16931 and share a common semantic foundation, enabling companies to meet mandatory invoicing requirements for public authorities while benefiting from the standardized Peppol network for international transactions.
The introduction of the “German National Ruleset” (DE-NRS) within Peppol BIS Billing 3.0 incorporates specific XRechnung rules, ensuring legal compliance and facilitating efficient invoice exchanges; however, technical limitations exist for organizations using alternative syntax formats like UN/CEFACT CII.

Greece’s e-Transport System: Key Deadline Changes and What Businesses Need to Know

Updated Timeline for e-Transport Implementation: Greece’s Ministry of Finance and the Independent Authority for Public Revenue announced a phased rollout for the e-Transport system, part of the broader myDATA platform, which modernizes tax and inventory reporting.
Phased Approach to Compliance: The rollout includes a voluntary phase for digital issuance of transport documents until June 1, 2025, followed by mandatory requirements for specific sectors starting June 2, 2025, and an overall mandatory adoption for all taxpayers by December 1, 2025. Additionally, real-time digital tracking of goods will be voluntary from August 1 to November 30, 2025, becoming mandatory from December 1, 2025.
Preparation for Transition: The extended timeline provides businesses with additional time to adapt their internal systems for compliance, emphasizing the importance of proactive planning to minimize disruptions and align with the new technical standards.

The Hungarian Ministry of National Economy starts preparations for the implementation of ViDA

The NGM, in partnership with KPMG, has initiated an autonomous questionnaire survey targeting taxpayers and service providers in taxation, accounting, and invoicing to support the implementation of ViDA.
The survey aims to collect insights from representatives of large businesses, accountants, and tax advisors regarding invoicing, data reporting, and VAT reporting processes.
The gathered opinions will help enhance the operational, technological, and organizational infrastructure necessary for the successful execution of ViDA.

Poland: KSeF 2.0 is taking shape. What does the latest bill change?

Launch Dates and Predictability: The mandatory implementation of the National e-Invoicing System (KSeF) will start on February 1, 2026, for businesses with gross sales exceeding PLN 200 million, and on April 1, 2026, for smaller entities. The sales threshold will now be based on 2024 data, providing greater predictability for businesses regarding their compliance requirements.
Transitional Periods and Micro-Entrepreneur Limits: Transitional periods for compliance have been extended to December 31, 2026, including the phase-out of simplified invoices and the introduction of sanctions. However, limits for micro-entrepreneurs remain unchanged, which may create practical challenges for small businesses that struggle to meet the criteria for issuing invoices.
B2C Invoices and Offline Mode: The use of KSeF for B2C transactions remains voluntary, allowing flexibility for businesses. A permanent offline mode is introduced, enabling businesses to issue invoices outside the KSeF system, but the deadline for sending these invoices to KSeF remains short (the next business day), raising concerns about practicality in case of technical issues. The requirement to provide the KSeF number in B2B transfers is postponed until January 1, 2027, though it remains a contentious issue.

Slovakia adopts Peppol Network for Decentralized E-Invoicing System

The Financial Administration of Slovakia has launched a project to implement mandatory electronic invoicing in the B2B sector, aiming to automate the invoicing process from preparation to submission to the authorities.
The project will utilize the Peppol network for a decentralized and secure method of sending electronic invoices, transitioning from vulnerable PDF formats to a standardized XML format, eliminating the need for prior customer consent for delivery methods.
This initiative will enhance efficiency, reduce processing times, and create opportunities for certified providers to offer electronic document delivery services, fostering a competitive environment in the invoicing sector.

Spain Extends E-Invoicing Deadline, Introduces New Exemption for Third-Party Invoicing Compliance

Extended E-Invoicing Deadlines: Spain’s Royal Decree 254/2025 postpones the implementation of the Veri*Factu system, with new deadlines set for corporate income taxpayers by 1 January 2026 and all other taxpayers by 1 July 2026, while producers and retailers must have compliant systems by 29 July 2025.
Veri*Factu System Overview: The Veri*Factu regulation mandates businesses to integrate a tax reporting tool into their invoicing software to directly report invoices to the tax agency, enhancing compliance with updated invoicing requirements.
Exemptions Introduced: Taxpayers using the Immediate Supply of Information (SII) to manage VAT records are exempt from the Veri*Factu system, including those issuing invoices through third parties under specific conditions.

Swedish Tax Agency Prevents SEK 534 Million VAT Fraud, Supports Mandatory E-Invoicing Measures

The Swedish Tax Agency halted incorrect VAT payments totaling SEK 534 million last year, suspecting that organized crime networks exploit companies to commit fraud through false invoices, with consistent losses of over SEK 500 million in recent years.
The agency employs a risk-based approach for in-depth reviews of VAT returns and emphasizes that incorrect VAT payments not only harm public finances but also fund other criminal activities, as stated by Kristoffer Bergdal from the agency.
In response to VAT fraud, the EU has introduced new rules under “VAT in the Digital Age” (Vida), mandating electronic invoicing and digital transaction reporting for cross-border trade by 2030, which the Swedish Tax Agency believes would significantly mitigate current fraud risks if adopted nationally.

LATIN AMERICA

Chile’s E-Invoicing and New Tax Documentation Rules

Chile’s resolution mandates electronic documentation of sales exceeding 135 UF, requiring detailed buyer identification and payment method recording starting September 2025.
Businesses must adapt systems for electronic invoicing, ensuring compliance with new tax regulations and maintaining internal sales records from June 2025.
Non-compliance will result in penalties under the tax code, emphasizing the importance of adhering to updated documentation requirements.

MIDDLE EAST

Israel advances timeline for allocation number requirements

Accelerated Timelines for Allocation Numbers: The Knesset Financial Committee has announced new, shorter timelines for Israeli taxpayers to request allocation numbers, moving the deadlines from 2028 to specific dates in 2026 based on invoice amounts.
New Invoice Amount Thresholds: Starting January 2026, taxpayers will need to request allocation numbers for invoices exceeding 10,000 NIS (approximately 2,450 EUR) before VAT, and by June 2026, for invoices exceeding 5,000 NIS (approximately 1,220 EUR) before VAT.
Reduced VAT Reporting Threshold: The Finance Committee has also decided to lower the threshold for submitting detailed VAT reports to 500,000 NIS, effective by October 2025, although these measures will only take effect after approval by the Knesset Plenum.

NORTH AMERICA

Future of E-Invoicing in Canada: Trends, Challenges, and Preparation for Businesses

Current Status and Trends in Canada: Canada has not yet implemented a mandatory federal e-invoicing system, with businesses still relying on traditional methods like email and PDFs. However, some provinces, such as Quebec, are exploring electronic reporting models, and private companies in sectors like retail and pharmaceuticals are starting to adopt electronic data interchange (EDI) solutions, indicating a potential shift toward regulation in the near future.
Geoeconomic Context and Pressure for Adoption: As a G7 and OECD member, Canada faces silent pressure to adopt e-invoicing, especially given its strategic position between regions with established e-invoicing frameworks, such as Latin America and Europe. This context suggests that the absence of a federal mandate is increasingly seen as an anomaly rather than the norm.
Advantages of Early Preparation: Companies that proactively adopt e-invoicing solutions can improve operational efficiency, enhance resilience to regulatory changes, strengthen business relationships, and reduce costs associated with last-minute compliance. Strategic preparation involves implementing compatible technologies, mapping internal processes, monitoring regulatory developments, and training teams to ensure readiness for future mandates.

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