If we consider e-invoicing obligations, in Lithuania, they are predefined for B2G and voluntary for B2B.
For B2G e-invoicing, starting July 1, 2024, all invoices for public entities and other contracting organizations must be submitted through the SABIS (General Account Administration Information System), replacing the E. sąskaita platform that has been introduced before. Meaning: The Lithuanian Register Center’s “E. Sąskaita” system will be replaced by SABIS for e-invoice submission to public sector institutions starting July 1, 2024.
Updates for B2G e-invoicing in Lithuania
Public
Lithuania
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
81
Content accuracy validation date:
13.06.2024
Content accuracy validation time:
08:10h
Content
This change aligns with Government Resolution No. 405 and Directive 2014/55/EU on e-invoicing in public procurement. The aim is to streamline public procurement, reduce bureaucracy, and ensure accuracy and confidentiality.
Both systems will not undergo a transition period, and you can submit invoices to SABIS through the SABIS portal, direct integration via API, or Peppol. The accepted invoice formats are Peppol BIS Billing 3.0 (Invoice and Credit Note) and Peppol BIS Billing CII Invoice. The SABIS TEST environment will soon be available to developers, with technical specifications provided on the official website.
Companies dealing with state institutions should prepare for this change and choose from three submission methods: manual entry, API integration, or using the Peppol network for cross-border e-invoicing compliance.
Businesses with direct integration into the Register Center must reconfigure their systems for SABIS, and the invoice format will change to European standard UBL XML, streamlining VAT calculation. Utilizing the Peppol network can automate processes, reduce errors, and improve efficiency. Adaptation to SABIS and considering the Peppol network are recommended before the deadline.
Other news from Lithuania
New document was uploaded: Overview of fiscalization in European countries
Author: Kristina Dosen
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
Where the use of a cash register is mandatory/optional in Lithuania?
Public
Lithuania
Author: Kristina Dosen
Lithuania
Author: Kristina Dosen
In general, companies and organisations are required to use cash registers in their economic operations. Cash registers are to be installed in places where persons pay for the goods or services sold to them in cash and/or non-cash using a payment instrument, or where persons are paid in cash for the goods purchased from them. The use of cash registers is not required where payments are made at res... Read more
New document was uploaded: Online shops from the fiscalization perspective in Lithuania
Lithuania
Author: Kristina Dosen
The purpose of this document is to explain rules regarding online sales in Lithuania, based on a B2C and retail perspective. Also, it will be presented whether online sales are subjects of fiscalization or not, whether some special rules must be respected, and what is important for retailers and taxpayers. Read more
VAT updates in Lithuania: extended reduced VAT rate for catering services?
Public
Lithuania
Author: Kristina Dosen
Lithuania
Author: Kristina Dosen
The Lithuanian Parliament is considering a bill to renew the reduced VAT rate for catering services. More precisely, the bill includes measures to renew the reduced 9% VAT rate for catering services and takeaway food. Do you know when the application period is? The application period for preferential VAT rates is set from July 1, 2024, to December 31, 2027. In the next few months, the official in... Read more
Adopted legal acts related to the rounding of cash settlement amounts in Lithuania
Public
Lithuania
Author: Kristina Dosen
Lithuania
Author: Kristina Dosen
The Law of the Republic of Lithuania on the Rounding of Cash Payments has been adopted, which establishes the procedure for rounding cash payments for goods (services). Together with the adoption of the law on rounding of amounts in cash, the following legal acts were changed: the Law on Financial Accounting of the Republic of Lithuania, the Law on Value Added Tax of the Republic of Lithuania, and... Read more
New document was uploaded: Digital Product Passport
Author: Kristina Dosen
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more