- ViDA redefines electronic invoices from digital documents (like PDFs) to structured, processable data (e.g., XML), requiring automation-ready formats.
- Recipient consent for e-invoicing is eliminated; structured e-invoicing becomes mandatory business infrastructure, not a preference.
- Tax authorities will receive and process invoice data in real time, often before companies complete internal approval processes, creating operational and governance challenges.
- The shift demands significant redesign of corporate financial systems and processes to ensure compliance and interoperability.
Source: rtcsuite.com
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.
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