The success of e-invoicing in Norway
Norway, along with Denmark, Sweden, and Finland, is one of the countries that has made the strongest commitment to the adoption of electronic invoicing in the B2G area.
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Norway, along with Denmark, Sweden, and Finland, is one of the countries that has made the strongest commitment to the adoption of electronic invoicing in the B2G area.
The history of B2G e-invoicing in Cyprus dates back to 2012, when the Council of Ministers approved a plan called the Digital Strategy for Cyprus, which focuses on promoting the use of ICT in public institutions to achieve a smart, sustainable and inclusive economy.
The Ministry of Finance is finalising the details of the Fiskalizacija 2.0 project, which will introduce mandatory e-invoicing in Croatia on a business-to-business basis. Additionally, digital reporting will be required for all domestic transactions.
During the second part of 2023, the Bundesministerium der Finanzenreleased a discussion paper proposing the implementation of mandatory B2B e-invoicing and called for the repeal of Articles 218 and 232 of Directive 2006/112/EC. The paper refers to the e-invoicing concept as proposed by the European Commission's ViDA Project and EN 16931.
The draft law on B2B e-invoicing in Belgium was published on 28 December 2023, approved by the Chamber of Representatives in February 2024 and published in the Official Gazette after the King's signature.
The use of electronic invoicing has significantly increased in Europe in recent years. Several countries have implemented invoicing systems to optimize their processes and reduce the VAT gap.
PEPPOL was launched in 2008 as an EU initiative to facilitate the development of e-procurement in Europe. Its primary goal is to provide a secure and reliable exchange of different types of data sets between end-users via PEPPOL service providers.
Continuing issues with VAT fraud are prompting tax authorities to adopt machine learning and generative artificial intelligence to tackle the problem. Tax authorities in numerous countries, including those in the European Union, are increasingly adopting artificial intelligence tools to combat VAT fraud.
The Electronic Invoicing Service Providers Association (EESPA) has welcomed the harmonisation of e-invoicing and digital reporting requirements (DRR) proposed as part of the ViDA (VAT in the Digital Age) project. The EESPA seeks to encourage the use of the DCTCE model for B2B transaction data and exchanging invoices.
SERES has released an extensive analysis on B2B electronic invoicing in the European landscape for 2023. The report showcases that various countries are set to integrate e-invoicing into inter-business transactions within the next three years. These include Romania, Poland, France, Greece, Latvia, Slovenia, Slovakia, Croatia, Spain, Germany, and Belgium.