Latvia is implementing mandatory e-invoicing starting in 2025 to simplify transactions, boost tax compliance, and reduce the shadow economy. The centralized model will be implemented for B2G transactions and B2B transactions in 2026. The initiative aims to reduce tax evasion, increase efficiency, and standardize EU-compliant formats. Challenges include technical upgrades, staff training, and initi... Read more

At the sixth Trade and Technology Council meeting, the US and EU agreed to strengthen electronic invoicing (e-invoicing) compatibility to lower trade costs, improve security, and simplify cross-border business operations. A new oversight body, the DBNAlliance, was launched to manage a shared exchange framework, allowing businesses to send and receive e-invoices through certified service providers.... Read more

Malaysia is gradually implementing mandatory e-invoicing from August 2024 to January 2026 for businesses with sales over RM150,000. Invoices must be approved by the tax authority before being sent to customers, using the MyInvois system and Peppol network. The rollout supports Malaysia’s push to modernize tax reporting and improve compliance. Malaysia is rolling out its MyInvois e-invoicing system... Read more

A new EU Trust List format, TLv6, will officially replace TLv5 in May 2025 as part of the updated eIDAS Regulation (EU 2024/1183). It introduces key technical changes like a new URI field, updated signature format, and optional phone number support. Organizations must update their systems to avoid signature validation failures and service disruptions, as TLv5 will no longer be valid once TLv6 take... Read more

From April 1, 2025, Indian businesses with turnover over ₹10 crore (approx. €112,000) must report B2B e-invoices within 30 days or lose GST input credit. Invoices are validated through the IRP, which issues a unique code and QR for sharing. B2C e-invoicing and e-way bill integration are planned by 2026–2027 to improve compliance. Starting 1 April 2025, Indian businesses with annual turnover over ₹... Read more

Chilean Internal Revenue Service (SII) issued Resolution No. 12, requiring e-invoices and e-receipts to be delivered to customers for cash, bank transfers, debit, or credit cards, with the option to send a virtual presentation. On January 17th, Chile's tax authority, the SII, released Resolution No. 12. This resolution details new rules for businesses when giving customers printed copies of electr... Read more

The Malaysian Inland Revenue Board (IRBM) is implementing new rules that make e-invoicing mandatory in Malaysia, so businesses will need to adopt automated and AI-driven tools to ensure they're following the regulations. The deadline for e-invoicing in Malaysia starts on August 1, 2024, for larger businesses, and full compliance is expected by July 1, 2025. Companies will have to connect with MyIn... Read more