- Hungary is moving towards mandatory electronic invoicing for both cross-border and domestic transactions under the European ViDA package.
- A voluntary testing phase for the new system will begin in 2028 before full implementation.
- Electronic invoices must be issued in a standardized, machine-readable XML format for both B2B and B2C transactions.
- Paper invoices will be allowed only in specific cases, such as sales to individuals or exports, and only with mutual agreement.
- Some sectors, like energy and utilities, already have electronic invoicing mandates in place.
Source: edicomgroup.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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