E- Invoicing in Czech Republic

• Legislative Framework: The Czech Republic has implemented eInvoicing through Act no. 134/2016 Coll., which transposes the EU Directive 2014/55/EU into national law, mandating public authorities to accept eInvoices in compatible formats. However, there is no obligation for businesses to issue eInvoices for commercial transactions.
• Standards and Platforms: The European standard on eInvoicing is fully adopted, utilizing EDIFACT and UBL 2.1, alongside the national ISDOC standard. The Národní elektronický nástroj (NEN) platform facilitates the eProcurement lifecycle for public contracting authorities, making its use obligatory for them.
• Digital Reporting and Compliance: The VAT Act mandates the electronic submission of a VAT Control Statement, detailing all transactions regardless of value. The Czech Republic has simplified tax compliance through the new MY TAX portal, enhancing communication between taxpayers and tax authorities.

Source ec.europa.eu

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• See also
  • E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
  • Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
  • Collection of E-Invoicing Guides – Worldwide – VATupdate
• • Briefing / Comprehensive Guides (incl. podcasts)

• Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

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