- The global e-invoicing landscape is diverse, with each region having unique approaches.
- Understanding regional variations is crucial for multinational businesses to develop compliance strategies.
- Latin America is a pioneer in e-invoicing, with strict government-controlled systems and mandatory electronic invoicing.
- Europe adopts a balanced approach, focusing on supplier-buyer interactions and real-time reporting, with country-specific variations.
- Asia and the Middle East blend Latin American and European models, introducing innovative variations like pre-clearance and unique reference numbers.
- The PEPPOL framework is introduced as a potential path to standardization.
Source: sovos.com
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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