Fiscal subject related
The general benefits of these new systems are the following:
- Taxpayer Registration
- Tax Return Management
- Payments Management
- Refunds Management
- Debt Management
Of course, every part of the new system contains novel changes and a lot of features to be as convenient as possible for taxpayers. Also, the taxpayers are called in September to update certain data to be able to access the new system, or, in other words, make the migration process go smoothly.
From a fiscalization perspective, a public notice has also been issued by the ZIMBRA, where it is stated that all registered operators and taxpayers who are required to fiscalize under the Value Added Tax (VAT) Act are still required to upgrade fiscal devices to comply with the requirements of the Fiscalization Data Management System (FDMS). Also, it is stated that approved suppliers of fiscal devices are working towards finalizing upgrading the taxpayers’ systems and fiscal devices to integrate with the FDMS in compliance with Public Notice 50 of 2023. One of the novelties is generating QR codes on receipts and invoices.
Other news from Other countries
The Netherlands Prepares for Mandatory E-Invoicing Under EU's VIDA

The Netherlands is preparing to implement the EU's VAT in the Digital Age (VIDA) initiative, which mandates e-invoicing for intra-EU B2B transactions from July 1, 2030. While EU rules focus on cross-border transactions, the Dutch government is considering extending mandatory e-invoicing and real-time digital reporting to domestic B2B transactions as well. Policy consultations are underway, with le... Read more
New VAT Rates Coming to Estonia

Estonia's government confirms a VAT rate increase, starting July 1, 2025, to stabilise public finances and address the country's growing budget deficit. A VAT rate increase that will go into effect on July 1, 2025, has been formally confirmed by the Estonian government. The following adjustments will be made: The standard VAT rate will rise from 22% to 24%. The 9% lower rate will increase to... Read more
Singapore Rolls Out Phased Mandatory E-Invoicing

Singapore’s Peppol-based e-invoicing system, launched in May 2025, is voluntary but will become mandatory in phases—starting November 2025 for new GST-registered companies and April 2026 for all new GST registrants. Businesses can use the InvoiceNow platform to transmit e-invoices and report to IRAS. E-invoicing solution providers assist with compliance, document formatting, automation, and data s... Read more
Philippines Mandates E-Invoicing for Select Taxpayers by March 2026

The Philippines’ Bureau of Internal Revenue (BIR) will require selected taxpayers to adopt electronic invoicing and sales reporting by March 2026, following Revenue Regulations 11-2025 and the CREATE MORE law. Although e-invoicing was introduced under the 2018 TRAIN Law, full implementation has been delayed, with pilot testing starting in 2022 but showing limited progress. While the new rules are... Read more
Netherlands E-Invoicing: Preparing for Mandatory B2B by 2030

E-invoicing has been mandatory for Dutch public authorities since 2019, with around 1.6 million invoices exchanged annually. B2B e-invoicing is voluntary but requires buyer consent, integrity controls, and seven-year archiving. For B2G, e-invoices must be sent via Peppol using an Organization Identification Number (OIN). Common formats include SI-UBL 2.0 and Peppol BIS 3.0. From July 1, 2030, cros... Read more
Understanding Irish VAT for Business

Irish VAT for Business applies to most goods and services, with a standard rate of 23%. Reduced rates apply to certain sectors, while zero rates apply to exports, intra-EU deliveries, and certain foodstuffs. Registration is mandatory for businesses with turnover over €75,000, and distance sales have a €10,000 threshold. Non-compliance can result in penalties. As an EU member state, Ireland applies... Read more
Malaysia: Key Updates on Stamp Duty Relief & E-Invoicing

Malaysia’s IRBM has granted stamp duty relief for employment contracts signed before 1 January 2025, with stamping required by 31 December 2025 for contracts signed during 2025. Self-assessment for stamp duty begins 1 January 2026. From that date, consolidated e-invoices are banned for transactions over RM10,000, though allowed until end-2025 unless transaction-specific e-invoices are required. Th... Read more