Norway Proposes Mandatory Digital Bookkeeping and E-Invoicing to Modernize Business and Financial Regulation

The Ministry of Finance proposes changes to several laws to modernize and digitalize Norwegian business and financial market regulation.
Mandatory digital bookkeeping and electronic invoicing (e-invoice) will be required for all relevant businesses, phasing out spreadsheets and paper solutions; e-invoice sending required from January 1, 2027, and digital bookkeeping and e-invoice receiving from January 1, 2030.
Estimated net societal benefit is NOK 9.7 billion over 20 years, with business costs at NOK 2.3 billion; most stakeholders support the proposals and even prefer faster implementation.
Additional changes include allowing passive consent for electronic communication with shareholders, clarifying qualification requirements for accountants from outside the EEA, and technical/legal clarifications in financial supervision and DORA regulations.
Consumer sales and cash sales are exempt from e-invoice requirements; laws will take effect as determined by the King, with possible phased implementation.

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.