Legal Regulation Changes

The United Arab Emirates Ministry of Finance recently issued updates to support its upcoming e-invoicing mandate, highlighting the nation's commitment to modernizing tax processes.

The German Ministry of Finance (BMF) has officially released the final version of its regulatory guidance letter for mandatory e-invoicing.

Malaysia’s Inland Revenue Board (IRBM) is advancing its national e-invoicing mandate, with the second phase set to begin on January 1, 2025

On October 17, 2024, Spain took another step in advancing its e-invoicing framework by publishing Order HAC/1177/2024.

The Chancellery of the Prime Minister has published the outline of a draft law amending the VAT Act and specific other laws.

On October 2, 2024, the Philippine Congress passed the Republic Act (R.A.) No. 12023, extending VAT obligations to foreign digital service providers.

Bolivia is advancing its efforts to modernize tax processes with the publication of a new resolution that expands the requirement for electronic tax documents.

Sweden's Single Face to Industry (SFTI), a public sector e-procurement initiative, is set to update its recommended standards by phasing out older formats in favor of Peppol BIS.

As 2024 gets closer to the end, Portugal’s 2025 Budget Proposal includes a further delay in implementing two major regulatory requirements: the Qualifies Electronic Signature (QES) and the SAF-T accounting submission.

Malaysia’s Inland Revenue Board (IRBM) is progressing to the second phase of its e-invoicing mandate, which is set to take effect on January 1, 2025. 

The European Commission has proposed a Council Implementing Decision that could extend Italy’s authorization to mandate electronic invoicing. 

Latvia, like many other countries globally, is preparing for the implementation of mandatory electronic invoicing. Recent developments reaffirm the timelines for both the public and private sectors.

On June 22, 2023, Egypt introduced new VAT regulations affecting foreign businesses providing digital and remote services to Egyptian customers.

Estonia is actively advancing its e-invoicing framework, with new regulations set to take effect on July 1, 2025.

Serbia is making strides towards digitizing its goods movement documentation with the recent release of a draft law by the Ministry of Finance.

On September 27, 2024, the Zakat Tax and Customs Authority (ZATCA) in Saudi Arabia announced the requirements for the sixteenth wave of taxpayers affected by the e-invoicing mandate.

Germany is advancing its e-invoicing framework with recent updates, including a new ZUGFeRD format version and detailed guidance from the German Ministry of Finance (BMF) on the upcoming e-invoicing requirements.

Spain's ambitious plans for a B2B e-invoicing mandate, part of the Crea y Crece initiative, are facing significant delays, pushing the timeline for implementation back to at least 2027.

On October 15, the General Directorate of Public Finances (DGPIF), an agenda of the French Ministry of Finance, published a press release outlining revised plans for the upcoming electronic invoicing system.

The Colombian Ministry of Health has extended the deadline for implementing the Individual Registry of Health Services Provision (RIPS) to support electronic invoicing in the health sector.

The Democratic Republic of the Congo (DRC) is launching the pilot phase for its standardized invoice initiative.

E-invoicing has become an integral part of Costa Rica's tax system, changing the way businesses and the government interact through digital transactions.

The UK government is digitizing the country’s tax system with the announcement of nationwide e-invoicing.

As of October 1, 2024, the Goods and Services Tax Network (GSTN) is set to roll out a new Invoice Management System on the GST portal, introducing valuable features to enhance the management of GST invoices for taxpayers across India.

The Directorate General of Revenue (DGI) in Panama has revealed that service procedures for the electronic invoicing platform will soon occur, potentially causing temporary disruptions in document visibility for users.

As of September 25, 2024, Jordan is preparing for the electronic invoicing mandate using JoFotara, the national invoicing system.

The European Commission has launched the Ecodesign for Sustainable Products Regulation (ESPR) to advance sustainability and lessen environmental impact through improved product design and manufacturing processes. How will it affect CTC models?

The GST Council suggests introducing a pilot program for B2C e-invoicing, which may result in many advantages for retail, such as enhanced efficiency, reduced costs, and environmental sustainability.

Guatemala is nearing the completion of its transition to the new electronic invoicing platform known as the Online Electronic Invoicing System (FEL), established by the Superintendency of Tax Administration (SAT).

Ghana has begun the second phase of its Electronic VAT Invoicing System, adding 2,000 more VAT-registered businesses. These businesses will now be required to issue electronic VAT invoices.

In 2024, Greece refined its regulatory framework for electronic delivery (e-delivery) through decisions by the Ministry of Finance and the Independent Authority of Public Revenues (IAPR), aiming to enhance implementation and interoperability.

In Saudi Arabia, ZATCA (the Zakat, Tax, and Customs Authority) has announced the guidelines for the fifteenth wave of the e-invoicing Integration Phase.

The Philippines introduced its Real-Time Reporting trial in July 2022 as an initial phase toward a broader e-invoicing requirement. Since then, the trial program has encountered difficulties that cast doubt on its future.

Our e-Invoicing platform is now fully equipped to support businesses during the 2025 pilot phase of mandatory e-invoicing, as well as the planned obligation deadlines in 2026 and 2027.

ZATCA, Saudi Arabia’s Zakat, Tax, and Customs Authority, has proposed changes to the VAT law, which is now open for public feedback. These amendments impact various articles and sub-clauses and aim to provide advantages to taxpayers.

The ongoing Tax Reform in Brazil has caused significant changes to the national Electronic Service Invoice system (NFS-e) to accommodate the newly introduced consumption taxes.

Starting on September 1, 2024, Italy will introduce a revised tax penalty system aimed at aligning with EU standards and creating fairer sanctions for tax-related violations. 

Israel's Tax Authority (ITA) has launched a new version of its technical specifications regarding e-invoicing, outlining the clearance CTC model taxpayers must follow to claim VAT deductions on cleared invoices.

On July 10, the House of Representatives passed the core text of the first Brazilian Tax Reform regulation, which is now to be approved by the Senate.

Peru has been gradually implementing electronic invoicing since 2014, with the final phase in early 2022. Now, all taxpayers in Peru are obligated to issue and receive electronic invoices.

Colombia has been a pioneer in electronic invoicing in Latin America, with the government recognizing its validity since 1995. The National Tax and Customs Directorate (DIAN) launched the Electronic Invoicing System (SFE) in 2015.

Romania is taking steps to modernize its tax system by introducing two new identifiers. These changes aim to streamline tax compliance procedures and enhance individual data privacy.

The Slovenian government published a draft bill to establish a B2B electronic invoicing mandate starting June 1st, 2026.

During a press conference on Friday, July 26, the Malaysia’s Inland Revenue Board (LHDN) chief executive Datuk Dr Abu Tariq Jamaluddin announced a grace period for the upcoming e-invoicing mandate.

On 18 July 2024, the MF and the National Tax Administration held another consultation meeting on the KSeF, during which representatives of the Ministry of Finance summarised the pre-consultation of solutions to date liberalising the terms of the mandatory KSeF.

According to the latest feedback received from the Malaysian authorities, no postponement is planned regarding the implementation date of the upcoming e-invoicing mandate.

Comarch was recently accredited by the Malaysia Digital Economy Corporation (MDEC) as a Peppol Service Provider. This accreditation allows us to offer our Peppol e-invoicing solutions to businesses in Malaysia, helping them comply with e-invoicing.

In preparation for the upcoming electronic invoicing mandate for business-to-business transactions, Germany's Ministry of Finance released a draft regulation for public comment on June 13, 2024.

Tick-tock! The clock is ticking on the EU's VAT in the Digital Age proposal. Unpack key areas of ViDA – tackling the current patchwork of e-invoicing, navigating the complexities of the platform economy, and simplifying multi-country VAT registration.

An eleventh-hour attempt by Belgium, holding the rotating presidency of the EU Council, to bridge the divide failed to win over Estonia's rejection of Pillar 2, which governs online marketplaces.