- E-Invoicing Legislation and Mandates: Estonia’s e-invoicing system, governed by the Accounting Act and Value Added Tax Act, mandates e-invoices for public sector transactions starting January 1, 2025, while allowing businesses to request machine-readable e-invoices from suppliers after July 1, 2024. B2B e-invoicing remains optional, requiring buyer consent for receipt.
- Standards and Implementation: The European standard for e-invoicing is fully implemented in Estonia, with invoices required to comply with UBL and UN/CEFACT CII formats. The government supports a decentralized approach where multiple private service providers facilitate e-invoicing, and businesses can use national or European standards interchangeably.
- Digital Reporting and Future Changes: Estonia mandates VAT transactional data reporting alongside e-invoicing, and significant amendments to the Accounting Act are expected to standardize e-invoicing requirements. These changes aim to enhance the consistency and accessibility of e-invoicing for all registered economic operators.
Source ec.europa.eu
Briefing document and podcast: E-Invoicing Compliance in Estonia
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
