August Newsletter

To share some of our latest updates with you, we have prepared a summary of the news and articles we have published on the SNI Blog in August.?

Romania: In Romania, RO e-Factura’s implementation started in July 2022 for B2G and B2B transactions. The implementation of RO e-Transport will become mandatory as of October 2022. RO e-Factura and RO e-Transport are different from each other. Importers and exporters are directly affected by the RO e-Transport system. The main aims of this system are to facilitate the tracking of goods with high tax risks, thus reducing the fiscal deficit and preventing corruption. Detailed information about the process can be found here.

France: In France, mandatory e-Invoicing and e-Reporting implementation will come into effect as of 1 July 2024 for large companies. The process will be extended from January 1 2025 for mid-sized establishments, and from January 1 2026 for small and micro enterprises. For more information, check some key questions here.?

Portugal: Portugal’s SAF-T PT consists of the SAF-T invoice and SAF-T accounting. The SAF-T invoice has been mandatory since 2020 for resident taxpayers. With the authorities’ latest decision, non-resident taxpayers who have VAT registration numbers will be obliged to submit SAF-T reports to the tax authority. The implementation timeline and details are in the news.

QR code implementation is mandatory in Portugal, though the anticipated addition of the ATCUD code was postponed until January 2023. The process will be realized in two different parts. Check out the news for more information.?

Spain: E-Invoicing for B2B transactions will come into force in Spain as of July 2024. All Spanish VAT-paying companies are under the obligation. However, the first step of implementation applies to large companies only. Further details are in our news.?

Egypt: The second phase of the implementation of e-Receipt in Egypt will be effective as of 1 October 2022. 400 taxpayers who are obligated to participate in the scheme have been announced by the Egyptian Tax Authority (ETA), and are listed here. We will talk about the critical points of Egypt’s e-Receipt and KSA e-Invoicing Phase 2 in the “How to prepare for Egypt e-Receipt & KSA e-Invoicing Phase 2” webinar, which we will hold on August?31. You can register?here.

Belgium: The planned timeline of B2B e-Invoicing introduced by the Belgium government. The voluntary implementation phase of the process will start in January 2024 and will be rolled out gradually from there. All VAT-registered entities are responsible for implementing the new rules. Further information and detailed timelines about the process can be found on the relevant news page.

Australia: B2G PEPPOL e-Invoicing has been effective in Australia since 2022. For promoting B2B e-Invoicing, the Treasury Department took the initiative with the Business e-Invoicing Right (BER). The main goal of BER was to support the use of e-Invoices for businesses of various sizes in Australia. The implementation process, which will be completed gradually, began in July 2023 for large businesses. Here is the latest news about the Australian e-Invoicing process.

Saudi Arabia: The first phase of Saudi Arabia’s e-Invoicing process (the generation phase) came into force in December 2021. The second phase, which is called as Integration phase, will be effective from January 2023. Important details about the second phase have been clarified. For example, the QR code will be mandatory for B2C invoices. Many critical details about the process can be found in related news.

Japan: The Japanese government has started the e-Invoicing process. The E-invoice Promotion Association (EIPA) is responsible of developing digitalization of the invoices and fiscal documents. The EIPA announced that Eligible Invoice Storage System (Invoice System) will be established and become effective in October 2022. The Japanese government and EIPA has adhered to PEPPOL standards for e-Invoicing implementation. Here are important updates about the Japan’s e-invoicing implementation.