- Denmark is expanding e-invoicing to the private sector under the new Bookkeeping Act.
- Medium and large businesses must adopt certified digital systems starting in 2024.
- Full inclusion of most businesses is expected by 2026.
- E-invoicing has been mandatory for public sector transactions since 2005.
- From July 2024, businesses using standard accounting software must switch to certified systems.
- From January 2025, this applies to companies using custom-developed software.
- From January 2026, financial institutions and businesses with over 300,000 DKK in revenue are included.
- Invoice formats include OIOUBL and Peppol BIS.
- Invoices must be archived for at least five years.
- Electronic signatures are not mandatory.
- Smaller businesses must comply with other bookkeeping and archiving rules.
- NemHandel is the central platform for e-invoices with public institutions.
- Businesses must connect through certified access points for security and data standards.
- Denmark promotes the Peppol network for cross-border invoice exchange.
- The shift to mandatory e-invoicing aims to modernize bookkeeping, reduce fraud, and improve efficiency.
Source: fiscal-requirements.com
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.
