From January 1st, 2025, all companies operating in Germany will be required to send and receive only electronic invoices, as part of the ViDA initiative aimed at modernizing and harmonizing the VAT system in the European Union. This move is expected to improve efficiency, save costs, and reduce the environmental impact of traditional paper invoicing.
Germany will mandate e-invoicing for all companies in 2025.
Public
Germany
Author: Kristina Dosen
Category:
Fiscal subject related
General information
Views:
1039
Content accuracy validation date:
15.05.2023
Content accuracy validation time:
08:00h
Under the new regulation, the e-invoicing platform selected by the sender of the invoice will carry out content checks, format conversion and testing, extraction of reporting data from the e-invoice, transmission of reporting data to the state platform, and transmission of the e-invoice to the recipient's e-invoicing platform. This centralized platform will help streamline invoicing procedures and reduce errors and delays associated with manual processing.
Feedback on a discussion draft from the Federal Ministry of Finance is currently being sought from important business associations until May 8th, 2023. These details will be incorporated into the draft if necessary, and final legislation is expected to be published in due course.
Companies are advised to prepare for the expected deadline by adjusting their accounting processes accordingly. This includes upgrading their accounting software to enable e-invoicing and ensuring that all relevant stakeholders are informed about the changes. The German government has emphasized that the transition to e-invoicing should be smooth and gradual, with appropriate support and guidance provided to help businesses adapt.
Other news from Germany
Aachen's kiosk ban confirms Germany's strict Sunday work restrictions.
Germany
Author: Tara Nedeljković
Germany's strict Sunday work restrictions, governed by the Ladenschlussgesetz (Shop Opening Act), limit retail operations on Sundays to preserve rest and family time, with exceptions for specific businesses like bakeries, pharmacies, and souvenir shops. In Aachen, a kiosk operator was prohibited from opening on Sundays and public holidays because their product range did not meet the Act's criteria for exemptions. Read more
New document was uploaded: Recorded webinar: E-invoicing for Global Retailers
Public
All countries
Author: Kristina Dosen
If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more
A proposal for VAT in the digital age (ViDA) has been approved.
Public
Author: Nikolina Basić
The EU's Economic and Financial Affairs Council (ECOFIN) has approved the Value Added Tax in the Digital Age (ViDA) proposal, aiming to modernize VAT rules and combat tax fraud. ViDA introduces key measures like Digital Reporting Requirements (DRR), VAT collection for the platform economy, and expanded Single VAT Registration, with implementation planned from 2027 to 2035. Businesses must prepare... Read more
Fiscalization in German Taxis
Public
Germany
Author: Stefan Ditrih
Germany
Author: Stefan Ditrih
In Germany, taxi and rental car services must comply with KassenSichV by using Technical Security Equipment (TSE) to secure and record cash transactions, ensuring transparency and traceability. Mobile TSE solutions, including portable receipt printers and electronic receipts, enable taxis to meet compliance requirements effectively, with no exemptions, thanks to advancements in affordable, mobile-... Read more
In Germany, there are harsher penalties for failing to issue receipts.
Public
Germany
Author: Stefan Ditrih
Germany
Author: Stefan Ditrih
The German government plans to strengthen enforcement of the receipt issuance obligation for retailers by amending § 379 of the Fiscal Code to classify failure to issue receipts as an administrative offense. This amendment will allow tax authorities to impose fines ranging from €5,000 to €25,000 to ensure compliance and enhance efforts to combat tax evasion. The move emphasizes using technical sec... Read more
German Government Clarifies Implementation of B2B e-Invoicing Mandate
Germany
Author: Stefan Ditrih
The German federal government has provided an official update on the progress and requirements for the upcoming B2B e-Invoicing mandate, set to begin on January 1, 2025. The government clarified that while a simple invoice sent by email may suffice for basic compliance, alternative communication methods can also be agreed upon between parties. More details are as follows. Read more
Enforcing the Receipt Issuance Obligation in Germany
Germany
Author: Stefan Ditrih
In recent years, the digitalization of financial transactions has driven the need for stricter measures to ensure the accuracy and integrity of recorded sales data. Among these measures is the receipt issuance obligation ("Belegausgabepflicht"), introduced under § 146a Absatz 2 AO as part of Germany's law to prevent the manipulation of digital records. But what measures exactly are we talking about? Let's find out! Read more