- Greece plans to mandate B2B e-invoicing with early tax benefits.
- The draft National Customs Code was submitted to the Greek Parliament.
- The draft expands the scope of the National Customs Code and includes mandatory B2B e-invoicing.
- E-invoicing will be required for domestic transactions and exports to non-EU countries.
- E-invoices must follow the European Norm and use certified service providers or the Tax Authority’s system.
- Early adopters of e-invoicing will receive tax incentives.
- Businesses must start related expenses in 2025 and declare early adoption to qualify for incentives.
- Implementation timeline details will be specified in secondary legislation.
- Taxable persons who benefited from previous incentives are excluded from the new scheme.
Source: vatabout.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.
Latest Posts in "Greece"
- Nonprofit Status Does Not Exclude VAT Liability or Input Tax Deduction for Branches and Headquarters
- Greece Introduces Actual Use VAT Deduction Method for Mixed-Use Immovable Property
- Greece Clarifies VAT Rules for Self-Use of Professional Pleasure Boats
- Greece Clarifies VAT Rates for Self-Use of Professional Pleasure Boats in New Circular
- VAT Clarifications for Personal and Business Use of Professional Pleasure Boats in Greece
