- Legislative Proposal: Greece has submitted a draft amendment to Law 4308/2014 to make structured e-invoicing mandatory for B2B transactions, aiming for real-time digital VAT reporting, with implementation beginning from July 1, 2025, through December 31, 2027.
- Compliance Framework: The e-invoicing system will integrate with the AADE’s myDATA platform, requiring businesses to transmit structured invoices via certified providers or the government’s “timologio” platform, enhancing compliance and reducing VAT fraud risks through near real-time reporting.
- Incentives for Early Adoption: Companies investing in structured e-invoicing solutions before the mandate can benefit from tax deductions on related expenses from the 2025 tax year, encouraging early compliance and easing the financial burden of digital transformation.
Source: rtcsuite.com
Click on the logo to visit the website
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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.
Latest Posts in "Greece"
- Data on a Greek E-Invoice vs. Data Reported to myDATA (Tax Authority) – Key Differences
- Briefing Document & Podcast – Greece E‑Invoicing, E‑Reporting, and E‑Transport: Scope, Timeline & Requirements
- Greece Introduces Special VAT Regime for Non-Established EU Businesses from January 2025
- AADE Intensifies Digital Monitoring to Combat Tax Evasion in High-Risk Transactions by 2026
- €20,000 Fine for Not Connecting Cash Register with POS; Appeal Rejected as Out of Time
