- Introduction of e-Faktura Reform: North Macedonia’s Public Revenue Office (PRO) and Ministry of Finance have announced the implementation of the e-Faktura electronic invoicing system, marking a significant modernization of the country’s tax administration and the adoption of a Continuous Transaction Controls (CTC) model that mandates real-time electronic issuance and validation of non-cash invoices.
- Objectives and Benefits: The primary goals of the e-Faktura initiative include digitizing invoicing and fiscal reporting, enhancing fiscal discipline, and reducing tax evasion. The reform aims to improve VAT accuracy and compliance while streamlining administrative processes for businesses, ensuring faster processing and better oversight of financial transactions.
- Implementation Timeline and Features: The implementation will occur in phases, starting in 2025 with the development of the legal framework and IT systems, followed by a pilot phase in January 2026. By Q3 2026, all taxpayers will be required to adopt the e-Faktura system. Key features include standardized e-invoices, a centralized platform for transactions, digital signatures, and API connectivity for real-time validations. Businesses are encouraged to prepare by assessing their invoicing systems in advance
Source Comarch
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North Macedonia’s e-Faktura: The Road to a Real-Time, Mandatory e-Invoicing Regime by 2026
- Launch of e-Faktura Program: North Macedonia’s tax authority (PRO) and the Ministry of Finance have initiated a nationwide e-invoicing program called e-Faktura, aimed at digitalizing all non-cash invoicing through a centralized state platform, officially starting on July 1, 2025.
- Centralized CTC-style System: The e-Faktura system will require real-time transmission of invoice data to the PRO’s central platform, enabling immediate registration and validation, which aligns with a Continuous Transaction Controls (CTC) model to enhance VAT compliance and reduce tax evasion.
- Implementation Timeline and Features: A pilot program is set to begin on January 1, 2026, with mandatory adoption expected in Q3 2026. The system will feature standardized e-invoices, digital signatures, a unified portal for invoice management, and real-time API connectivity for validation with banks and customs, while businesses should stay updated on evolving regulations and standards throughout 2025.
Source RTC
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
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