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Europe

ViDA Project: Learn more about its origins and objectives

ViDA project reforms approved by European Parliament

On 11 March 2025, during the meeting of the Economic and Financial Affairs Council (ECOFIN), the European Union gave the green light to the VAT in the Digital Age package, also known as the ViDA project (VAT in the digital age). This reform can be regarded as one of the most significant developments in recent years in the areas of VAT, tax digitalisation and the harmonisation of electronic invoicing in Europe.

electronic-invoicing-Hungary
3 February 2025

Learn about e-invoicing in Hungary as of 2025

As of January 1, 2025, Hungary has mandated electronic invoicing for all commercial transactions involving electricity and natural gas. This mandate applies to all suppliers, marketers, distributors, and transmission system operators, as well as non-consumer entities, such as associations, NGOs, and societies.

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Key numbers

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+30 years

of experience
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+750 MM

€/year managed
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3 Millions

active users
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+1.000 M

documents/year exchanged
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+200.000

connected companies
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113

countries with exchange

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