Romania has extended the suspension of penalties for missing QR codes and certain identification details on fiscal receipts until October 31, 2027. The requirements remain in legislation, but their implementation requires further regulatory changes, software development and updates to approximately one million fiscal cash registers. On October 30, 2026, the Romanian Government published Emergency... Read more

Germany has revised its administrative guidance on electronic cash register systems to reflect DSFinV-K 3.0. The new rules generally apply from January 1, 2029, but earlier adoption of the interface requires compliance with the updated guidance.

Panama allows fiscalization through authorized fiscal devices or the SFEP electronic invoicing system. While fiscal devices record transactions and transmit daily Z reports, electronic invoicing uses digitally signed XML documents validated by authorized PAC providers. Panama's fiscalization framework offers two main methods for documenting commercial transactions: traditional fiscal equipment and... Read more

Latvia has proposed amendments to clarify VAT rules for cross-border e-commerce, the €10,000 distance sales threshold, and special VAT schemes. The proposal also introduces 0% VAT for eligible EU SAFE defence purchases and clarifies VAT treatment for diplomatic missions. Latvia's Ministry of Finance announced on October 28, 2026, that it had prepared and submitted amendments to the Value Adde... Read more

The Czech Republic is set to implement EET 2.0, affecting retailers, POS vendors, and software providers. The Forum will discuss legal aspects, covering regulations, implementation timeline, fiscalization requirements, registration, transaction types, and audits. The technical section will explore practical fiscalization, comparing EET 1.0 and EET 2.0, while addressing challenges like certificates... Read more

The Czech Republic is set to implement EET 2.0, affecting retailers, POS vendors, and software providers. The Forum will discuss legal aspects, covering regulations, implementation timeline, fiscalization requirements, registration, transaction types, and audits. The technical section will explore practical fiscalization, comparing EET 1.0 and EET 2.0, while address... Read more

In this overview, we present the basics of South Korea: a non-fiscal country with no mandatory POS certification, fiscal hardware requirements, or real-time tax authority approval for ordinary retail transactions.

The Q&A document is an essential resource that provides clear answers to the most frequently asked questions in retail. It saves valuable time by consolidating complex information into a practical and accessible format. Prepared by our team of experienced experts, it addresses key issues such as document types, business processes, laws, etc.

The document serves as a legal and operational guide for retail, VAT, and compliance in South Korea. It covers regulatory details, VAT rules, reporting obligations, retail processes, and business registration, etc.

The purpose of this document is to emphasize the most important characteristics and requirements regarding receipts, invoices, return policies, online sales, record keeping, cash registers, VAT recording, penalties and store registration in the system of South Korea.

This document is a comprehensive legal and technical guide explaining the electronic invoicing system in South Korea. It focuses on the mandatory electronic tax invoicing requirements.