SAF-T is a globally accepted standard for businesses to transmit their accounting data electronically to their countries’ tax authorities. It was initially established by
In Japan, the e-Invoice Promotion Association (EIPA) was founded to develop and promote a uniform e-Invoicing system. EIPA and the Japanese government have been
What is PEPPOL and OpenPEPPOL? Pan-European Public Procurement Online (PEPPOL), which is based on a four-corner model, provides an electronic delivery network to facilitate
In Kazakhstan the implementation of e-Invoicing started on a voluntary basis in 2014. This was followed by the declaration published by the Tax Committee
The European Commission’s Commission Recommendation Document (EU) 2013/172 and several related regulatory documents get the attention to the medical devices reporting system. The Kingdom
The European Commission started its traceability system with the release of the Commission Recommendation Document (EU) 2013/172 on 05 April 2013. It followed up
Denmark has some interesting VAT regulations in place. For example, it is allowed to treat selected environmental and energy taxes similarly, to input VAT
În România, pe lângă factura electronică, a fost planificată și obligația de e-Transport. Noul sistem de transport numit Sistemul RO e-Transport, care este similar
In Romania apart from the electronic invoice, at the same time e-Transport obligation was also planned. New transport system called RO e-Transport System which
Japan is currently somewhere in the halfway of the process of developing and implementing the e-Invoicing mandate. For the purpose of the digitalization reform
The Bureau of Internal Revenue (BIR) launched a new web-based system, called the Electronic Invoicing/Receipting System (EIS), as part of the BIR’s Digital Transformation
Asia is becoming a leader in digital tax reporting. Many Asian countries introduce electronic obligations, including Vietnam, Thailand, and South Korea. Another country implementing
The Paris Agreement’s signatories have been laying out their goals for reducing carbon emissions. Overall the globe, European Union seems to be the region
The Portuguese government has been implementing an e-Invoicing system since 18 April 2020, pursuant to Directive 2014/55/EU of the European Parliament, managed by the
The Spanish government has mandated e-Invoicing in B2G transactions since 2015. With the law “Crea y Crece” B2B electronic invoicing is also approved. Scope
There are several e-tax reports necessary before diving into e-invoicing. The French Ministry of Finance introduced a standard audit file, named Fichier d’Ecritures Comptables
The Egyptian Tax Authority (ETA) has already obliged most businesses to submit electronic invoices to its online portal. The ETA is responsible for the
Currently, digital tax reporting requirements come into force all around the world. There are plenty of e-Invoicing, SAF-T, and similar obligations in Europe. However,
The Romanian Government has announced multiple electronic tax and accounting reporting implementations, starting with the obligation of the Standard Audit File, the official name
Egypt’s Ministry of Finance first announced and initiated integration of its e-Invoicing system, which covers business-to-business transactions (B2B), in 2020. Full implementation has not
Through Government Emergency Ordinance no. 41/2022 (GEO no. 41/2022), Romanian Ministry of Finance and ANAF are planning to introduce a national e-Transport system to
The National Agency for Fiscal Administration (ANAF) has already introduced a lot of electronic tax regulations in Romania, starting with SAF-T (Informative Declaration D406
In 2018, Australia took steps towards its e-Invoicing project with New Zealand through the Australia and New Zealand Government Electronic Invoicing Arrangement. It was
The Chinese government introduced an electronic invoice system called the e-Fapiao system in 2020. This is planned as a five-year digitalization process that will
The Vietnamese government launched its implementation of electronic invoices in 2020, which now stands as an example of the clearance model. The government is
There are many e-tax requirements in force in Hungary, headed by real-time invoice reporting (RTIR). However, SAF-T obligation has not yet been introduced. This
The South Korean government introduced an electronic tax invoice called e-Tax around 2010. The government has always set a threshold to identify private entities
New Zealand’s e-Invoicing journey started with the joint announcement of the governments of Australia and New Zealand on the adoption of the PEPPOL standard
Digital tax requirements are spreading across the globe. Most European Union countries already have some e-Tax reporting obligations in place, such as e-Invoicing, SAF-T,
The Hungarian Ministry for National Economy has introduced a tax audit report called Adóhatósági Ellenőrzési Adatszolgáltatás (data export for tax authority review), through Decree
In 2014, the Italian government introduced mandatory business-to-government (B2G) e-invoicing for suppliers to public administration and government offices. FatturaPA is the name of the
South Korea introduced a comprehensive e-invoicing model as far back as 2010, and is considered one of the leading e-invoicing jurisdictions in Asia, alongside
SAF-T is an international standard for the electronic transmission of accounting data from enterprises to national tax authorities. Its standards were first defined by
Slovakia was one of very first countries to introduce detailed electronic VAT reporting. In 2014, the kontrolný výkaz (control statement) requirement came into force.
Serbia is implementing mandatory e-invoicing from May 2022. The Serbian e-Invoicing model follows the so-called clearance model, used currently by countries such as Italy
Currently, most of Polish taxpayers are struggling with the so-called “Polish Deal” (Polski Ład), which is a huge, complex reform of tax regulations in
There are already several e-tax obligations in place in Poland, including SAF-T (JPK_V7 in particular), the ‘White List’ (Biała Lista), and electronic financial statements.
SAF-T is an international standard for the electronic transmission of accounting data from enterprises to national tax authorities. Its standards were first defined by
INTRODUCTION E-invoicing regulations have existed in Russian legislation since 2012. However, there was no significant development of electronic invoice reporting until July 2021. It
Portugal is introducing mandatory QR codes on invoices, starting from January 1, 2022, while the mandatory inclusion of ATCUD codes (basically a document identification
Norway is implementing major changes in VAT reporting. As of January 2022, Norway VAT returns will have to be reported electronically, and directly from
The state of e-Invoicing in France The French government and businesses across the country are already familiar with e-Invoicing requirements as there have been
România introduce raportarea obligatorie SAF-T începând cu luna ianuarie 2022. Prima etapă se aplică contribuabililor mari. Denumirea locală, in limba română, pentru noua măsură
Electronic tax requirements are becoming more and more common, and not only among EU countries. It is worth mentioning recent developments in Egypt e-invoicing,
In early July 2021 the Business Payments Coalition (BPC) in cooperation with the Federal Reserve has announced the pilot program (e-Invoice Exchange Market Pilot),
Italy is going to remove the Esterometro obligation as of July 2022. Consequently, foreign transactions (including intra-community ones) will have to be reported in
The long-awaited e-Commerce revolution finally became a reality on 1 July 2021. The first plans were made back in 2017, when the EU Council
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