In the EU, the ViDA – VAT in the Digital Age initiative aims to combat VAT fraud. In 2021, VAT fraud was estimated to account for approximately €61 billion. To address this, the EU is implementing systems and processes to reduce this loss.
We hope you’re interested in learning more about what is happening with e-invoicing both within and outside of Denmark.
Agenda
- We will briefly touch on the changes in the Danish bookkeeping law.
After that, we will look at developments across Europe. The EU Commission has launched a project called ViDA – VAT in the Digital Age. Some parts have already been approved, leading to regulatory changes that will impact all EU countries. - We will also discuss how some countries have already started. Italy is in full production with their solution, and in Germany, businesses must be able to receive e-invoices since January 1, 2025. This may create new requirements for your company.
- We are seeing other countries following suit and announcing their initiatives. We are still waiting to see exactly what will happen in Denmark, and we will provide you with the most important updates.
Dynatos offers a solution that can support you through these changes, whether in Denmark, the EU, or globally. We will introduce this solution and discuss the advantages and disadvantages of various approaches.
Finally, there will be an opportunity to ask questions before we conclude.
