- The Kenyan National Treasury and Economic Planning has repealed the 2023 version of Electronic Tax Invoice Regulations and introduced the 2024 version, which incorporates various updates.
- The new regulations provide clarifications on terminology, specify the contents of an electronic tax invoice (including credit/debit notes), and outline transactions that are excluded from e-invoicing.
- Additionally, the 2024 version sets minimal requirements and specifications for e-invoicing software, outlines obligations for system users, establishes procedures for excluding companies from e-invoicing obligations, and outlines penalties for non-compliance or tampering with the system.
Source Kenyalaw.org
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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