E-Invoicing & E-Reporting developments in the news in week 40/2025

Podcast on Spotify

Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and the LinkedIn pages on E-Invoicing/Real Time Reporting and ViDA.

HIGHLIGHTS OF WEEKS 40/2025

Mandatory E-Invoicing for Government Procurement: The Australian Government has confirmed that electronic invoicing (e-invoicing) through the Peppol network will become the default method for invoice exchanges in government procurement, primarily affecting Non-Corporate Commonwealth Entities (NCEs).
Compliance Milestones: NCEs are mandated to achieve specific targets, including having at least 30% of invoices received via e-invoicing by July 2026, full automation of e-invoice processing and issuance by December 2026, and quarterly progress reporting to the Australian Peppol Authority.
Voluntary Compliance for Suppliers: While suppliers are not legally obligated to adopt e-invoicing, the Australian Taxation Office encourages NCEs to make it a contractual requirement, which may lead to practical scenarios where suppliers feel compelled to use e-invoicing due to government demand. The Peppol network already has over 400,000 businesses registered, indicating a robust market readiness for e-invoicing.

E-Invoicing Mandate Preparation: The Oman Tax Authority (OTA) is progressing with the implementation of its e-invoicing mandate, set to begin with a two-year rollout plan starting in August 2026.
Pilot Phase Communication: On September 25, 2025, the OTA informed 100 selected companies about the pilot phase of the e-invoicing (Fawtara) Program, which will utilize a 5-corner model for invoice exchange through accredited service providers.
Implementation Timeline: Key milestones include the publication of e-invoicing specifications in November 2025, the release of standards and workshops in December 2025, the launch of a developer’s portal in February 2026, the start of the service provider accreditation process in May 2026, and the go-live of the pilot phase in August 2026, with full rollout expected by August 2028.

Wave 24 Launch: Saudi Arabia’s ZATCA announced Wave 24 of e-invoicing integration, beginning no later than June 30, 2026, applying to taxpayers exceeding SAR 375,000 revenue between 2022–2024.
Compliance Requirements: Selected taxpayers must issue e-invoices in ZATCA’s prescribed format, include additional mandatory data fields, and achieve full technical integration with the Fatoora platform to ensure regulatory compliance.
Preparation Guidance: Businesses should assess e-invoicing systems early, as ZATCA provides at least six months’ notice before integration deadlines, ensuring readiness for technical, reporting, and compliance obligations.

New Regulations Announced: The Federal Board of Revenue (FBR) issued Notification S.R.O. 1852(I)/2025 on September 24, 2025, which revises the deadlines for mandatory e-invoicing for public companies, importers, and other registered businesses, superseding the previous notification from August 1, 2025.
Implementation Deadlines by Turnover: Key deadlines for e-invoicing are set as follows:
- Turnover above Rs. 1,000,000,000: Registration by October 15, testing by October 25, and issuance by November 1, 2025.
- Turnover between Rs. 100,000,000 and Rs. 1,000,000,000: Registration by October 25, testing by October 31, and issuance by November 15, 2025.
- Turnover below Rs. 100,000,000: Registration by November 15, testing by November 25, and issuance by December 1, 2025.
Compliance Requirements: All affected entities must integrate their systems with the FBR’s computerized platform through a licensed integrator or Pakistan Revenue Automation (Pvt) Limited. All invoices must be issued via the FBR system, with penalties for non-compliance enforced under the Sales Tax Act, 1990.

Scope of E-Invoicing: The Ministry of Finance has mandated that all entities conducting business in the UAE must use the Electronic Invoicing System for business-to-business (B2B) and business-to-government (B2G) transactions, with a few exceptions. Non-compliant businesses may choose to adopt the system voluntarily.
Phased Roll-Out Timeline: The implementation will occur in phases, starting with a pilot program on July 1, 2026, for selected taxpayers, followed by mandatory compliance deadlines for large businesses by July 31, 2026, and for smaller businesses and government entities by March 31, 2027, and October 1, 2027, respectively.
Appointment of Accredited Service Providers: Businesses must appoint an accredited service provider (ASP) to facilitate e-invoicing, with deadlines for appointment set for July 31, 2026, for large businesses, March 31, 2027, for smaller businesses, and March 31, 2027, for government entities, ensuring they meet the required technical standards ahead of the mandatory implementation dates.

Release of EU PINT Billing Specs: OpenPeppol has published version 1.0.0 of the EU PINT Billing specifications, which serves as a bridge to future invoicing standards while BIS3 remains the current standard in the EU, applicable in countries like Belgium starting in 2026.
Future-Ready Framework: PINT is designed to facilitate cross-border invoicing and is aligned with the upcoming changes associated with the VAT in the Digital Age (ViDA), providing a comprehensive solution that anticipates the needs for near real-time digital reporting, reducing the need for future adjustments.
Global Compatibility and Flexibility: By allowing local extensions while adhering to a common EU core, PINT enables companies to connect globally without the need for separate formats for EU and non-EU transactions, thereby enhancing interoperability and minimizing the risk of fragmentation in invoicing standards across different markets.

Angola