Previously, we discussed the development of the e-invoicing requirements and the status quo in the CEE (find the article here). Now it’s time to look at the most recent e-invoicing and CTC updates in Northern Europe, where e-invoicing mandates are being rapidly implemented. Countries are considering e-invoicing mandates because ViDA will likely make it mandatory to issue e-invoices for cross-border transactions, and national mandates will make it easier to manage the process.
Before we begin — a quick reminder. E-invoicing efforts in Europe are part of the VAT in the Digital Age (ViDA) directive by the European Commission. This direction is meant to make VAT more transparent and equal across Europe while simplifying the monitoring and reporting efforts.
Source 1stopvat
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