- Norway will mandate e-invoicing for B2B transactions from January 1, 2027, and require fully digital accounting systems by January 1, 2030.
- The government expects NOK 10 billion in economic benefits over 20 years and improved financial crime prevention.
- EHF (Electronic Trade Format) is proposed as the mandatory invoice standard, with possible exemptions for small businesses.
- The Tax Directorate will assess the need for regulating accounting software and consider extending e-invoicing to consumer transactions.
- The legislation covers all entities with bookkeeping obligations and awaits parliamentary approval.
Source: regfollower.com
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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