- From February 2, 2026, Greek businesses with over €1 million in 2023 revenue must issue electronic invoices; this will extend to smaller businesses in October 2026.
- Transaction data must be sent to a certified provider, which issues and transmits invoices in real time to all parties and the myDATA platform.
- Businesses must submit a “Declaration of Commencement of Electronic Issuance of Documents” by February 12, 2026.
- Non-compliance may result in fines equal to 50% of the VAT for each illegally issued document.
- The new system aims to reduce VAT losses, curb fake invoices, simplify reporting, and lower administrative costs.
Source: en.protothema.gr
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.
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