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E-invoicing: EU and Luxembourg considerations for businesses

  • The EU’s ViDA directive, effective from April 14, 2025, mandates electronic invoicing and digital reporting for cross-border B2B transactions starting July 1, 2030, requiring businesses to issue compliant electronic invoices and report them to tax authorities in real-time.
  • Businesses must prepare for the transition by implementing e-invoicing systems ahead of the directive’s full enforcement, as neighboring countries like Belgium, France, and Germany are already advancing their own e-invoicing frameworks, indicating a shift towards mandatory compliance across the EU.
  • The success of the ViDA directive will depend on the interoperability of national systems and the robustness of the European VIES database, with companies encouraged to start engaging with the new requirements now to ensure a smooth transition and avoid last-minute challenges.

Source Deloitte


Briefing Document & Podcast: VAT in the Digital Age (ViDA) – Digital Reporting Requirements – VATupdate


  • 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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