- Hungary is planning to implement mandatory e-invoicing for domestic B2B and cross-border EU transactions under the EU ViDA initiative.
- Invoices must follow the EN 16931 standard and be issued in machine-readable XML format, with XML as the legally binding document.
- Secure transmission, pre-validation controls, and possible accreditation for invoicing software are proposed to ensure compliance.
- Buyers may have new reporting obligations, such as confirming invoice receipt and status to tax authorities.
- Additional services like invoice archiving and optional Peppol integration are being considered to support the transition.
Source: snitechnology.net
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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