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Madagascar’s 2024 Amended Finance Law sets the stage for a mandatory, centralized e-invoicing system in 2025, aiming to enhance transaction traceability and modernize tax administration.
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The system will require all taxpayers across B2B, B2C, and B2G sectors to issue structured electronic invoices, enabling real-time reporting to the tax authority.
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Key goals include reducing VAT fraud, improving revenue accuracy, and lowering compliance costs, aligning with the country’s broader tax reform and digital transformation objectives.
Source: edicomgroup.com