VATupdate

Share this post on

Government Proposes Mandatory E-Invoicing and Other Financial Market Law Changes from 2027

  • E-invoicing will become mandatory for businesses from January 1, 2027, and electronic accounting systems from January 1, 2030.
  • Changes to the Securities Trading Act allow for passive (silent) consent to electronic communication from issuers to shareholders, pending general meeting approval.
  • Accountants with qualifications from outside the EEA, Switzerland, and the UK must meet standard requirements for Norwegian approval; clarification of practice requirements for authorization is also proposed.
  • Amendments to the Financial Supervision Act clarify the Ministry’s authority and establish rules for handling complaints about supervisory decisions.
  • Minor changes to the DORA Act allow regulations for the Norwegian Natural Perils Pool and enable Norges Bank to charge certain companies for advanced cyber resilience testing.

Source: regjeringen.no

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.



Sponsors:

VAT IT
Pincvision

Advertisements:

  • Pincvision
  • RTC