Mandatory Electronic Invoicing Provision and New Incentives Submitted to Parliament

Establishment of Electronic Invoicing

With the a new draft of law submitted to Parliament, “National Customs Code and other provisions – pension provisions”, among other things, provisions for mandatory electronic invoicing are included. The effective date and scope of mandatory invoicing will be further specified by decision.

In detail:

1. Articles 14 and 15 of Law 4308/2014 are amended – supplemented and, among other things, the following are provided:

• • Transactions (sales of goods or provision of services) for which electronic invoicing is exclusively issued are determined.
  • The Application for Issuing and Transmitting Documents through the AADE website is added to the methods of ensuring the authenticity of electronic invoices.

2. It is provided that for entities conducting transactions for which electronic invoicing is mandatory, if they choose electronic invoicing for the exclusive issuance of their documents before its mandatory application, the following incentives are provided, under the specified condition:

• • The expense for the initial procurement of technical equipment and software required for the application of electronic invoicing is fully depreciated for purposes of the Income Tax Code (ITC) in the year of its realization, increased by one hundred percent (100%) and
  • The expense for the production, transmission and electronic archiving of electronic invoices for the first calendar year of issuing sales documents through electronic invoicing that is recognized for deduction from gross income from business activity, according to article 22 of the ITC, is increased by one hundred percent (100%) in the year of its realization. (articles 212, 239 & 240)

 Explanatory Report

• Article 212 A new provision is added to the ITC, providing tax incentives to entities that choose to apply electronic invoicing exclusively for issuing their documents, specifically early, i.e., before its mandatory application according to the joint decision of paragraph 6 of article 14 of Law 4308/2014.
• Article 239 With the proposed amendments to article 14 of Law 4308/2014, mandatory electronic invoicing is established for transactions between entities subject to the regulations of Law 4308/2014 within the country, as well as with entities outside the European Union. The aims are to simplify the process of transmitting entity data to the Tax Administration, reduce errors related to fulfilling entities’ tax obligations, reduce Value Added Tax (VAT) loss, enhance competitiveness, reduce entities’ administrative costs, and provide real-time information about entities’ financial figures.
• Additionally, the application of mandatory electronic invoicing will facilitate the fulfillment of entities’ declaratory obligations regarding VAT through pre-filling their declarations, as well as the “financial data statements from business activity – Form E3”, which are already in effect.
• Article 240 Following the proposed regulations for mandatory electronic invoicing, necessary additions are made to article 15 of Law 4308/2014 to ensure the authenticity of origin and integrity of content of an electronic invoice.

Proposed Provisions

• Article 212 Incentives for entities for early application of electronic invoicing – Addition of article 71I to the Income Tax Code
  • Article 71I is added to the Income Tax Code (Law 4172/2013, A’ 167) as follows:
  • “Article 71I Incentives for entities for early application of electronic invoicing
    1. For entities conducting transactions that fall within the scope of paragraphs a), b) and c) of paragraph 1 of article 14 of Law 4308/2014 (A’ 251), regarding electronic invoicing, and which choose electronic invoicing for the exclusive issuance of their documents before its mandatory application according to the joint decision of paragraph 6 of article 14 of Law 4308/2014, the following incentives are provided: a) the expense for the initial procurement of technical equipment and software required for the application of electronic invoicing is fully depreciated for the purposes of this Code in the year of its realization, increased by one hundred percent (100%) and b) the expense for the production, transmission and electronic archiving of electronic invoices for the first calendar year of issuing sales documents through electronic invoicing that is recognized for deduction from gross income from business activity, according to article 22, is increased by one hundred percent (100%) in the year of its realization.
    2. The incentives of paragraph 1 are provided to entities for expenses incurred from tax year 2025 onwards, provided that: a) a declaration for the use of electronic invoicing through Provider Services for Electronic Document Issuance (Y.PA.E.E.S.) or the AADE Document Issuance and Transmission Application has been submitted according to the AADE Administrator’s decision issued based on paragraph 7, at the latest two (2) months before the effective date of mandatory electronic invoicing for sales of goods and provision of services of paragraph 1 of article 14 of Law 4308/2014, according to the joint decision of the Minister of National Economy and Finance and the AADE Administrator issued according to paragraph 6 of article 14 of Law 4308/2014, and b) the start of electronic invoicing use takes place within the same period.
    3. This article does not apply to entities that have used the benefits of article 71ST.
    4. In case of revocation of the declaration of paragraph 2 or issuance of an invoice without using the methods of paragraphs c) and e) of paragraph 3 of article 15 of Law 4308/2014 before the mandatory application of electronic invoicing, despite the relevant declaration, the benefits of paragraph 1 are not granted or are revoked, respectively.
    5. For the application of this article, providers maintain the necessary archives for the documents they issue and transmit to the tax administration, as well as any necessary information for checking the fulfillment of conditions for granting the incentives of this article, by the issuers of electronic sales documents and service provision.
    6. By decision of the AADE Administrator, the procedure and method of submitting declarations for the use of electronic invoicing through Provider Services for Electronic Document Issuance (Y.PA.E.E.S.) or the AADE Document Issuance and Transmission Application are determined, as well as any other specific matter for the application of this article.”
• Article 239 Electronic invoice – Amendment of article 14 of Law 4308/2014 (article 1 paragraphs 2 and 3 of Directive (EU) 2025/516)

[The rest of the legislative text follows with detailed amendments to articles 14 and 15 of Law 4308/2014, specifying the technical requirements and procedures for electronic invoicing]

Read more at Taxheaven: https://www.taxheaven.gr/news/71255/sth-boylh-h-diataxh-gia-thn-ypoxrewtikh-hlektronikh-timologhsh-kai-ta-nea-kinhtra