ViDA approved: is your business ready for the new EU VAT rules?
On 11 March 2025, EU Finance Ministers officially approved the VAT in the Digital Age (ViDA) proposal during the ECOFIN meeting. This follows the political agreement reached in November 2024.…
Greece
Mandatory e‑Invoicing in Greece from July 2025
On 25 February 2025, the Council of the European Union published a decision allowing Greece to implement mandatory e-invoicing for transactions between taxable persons established in Greece. What does this…
Slovenia
Slovenia updates B2B e‑invoicing rules
The Financial Administration of the Republic of Slovenia (FURS) recently published a new draft law introducing mandatory B2B e-Invoicing, with key changes that businesses should prepare for. Key changes in…
Romania
Romania’s B2C e‑invoicing testing now live
Romania is introducing a B2C e-Invoicing reporting obligation starting January 1, 2025. To support businesses in adapting to this change, new services have been implemented in the test environment. These…
Germany
Germany: Bavaria adopts OZG‑RE platform for e‑invoicing
On 7 January 2025, the Bavarian State Ministry for Digital Affairs announced the adoption of OZG-RE, a shared platform for electronic invoice exchange. This marks another step in Germany’s digitalization…
Belgium
Belgium plans real‑time VAT reporting by 2028
Belgium’s newly formed federal government has announced plans to implement near real-time VAT reporting by 2028. This initiative is part of a broader tax policy shift aimed at improving entrepreneurship…
Italy
Italy updates e‑invoicing rules
The Italian authorities have released version 1.9 of the technical specifications for e-invoicing. Announced on 31 January 2025, these updates will be mandatory from 1 April 2025. Key changes in…
Norway
Norway considers mandatory e‑invoicing
Norway’s Ministry of Finance has launched a study on introducing mandatory e-invoicing for business-to-business (B2B) transactions. The Directorate of Taxes has been assigned to outline the requirements and will present…
Greece
EU supports Greece’s transition to mandatory e‑invoicing
The European Commission has proposed authorizing Greece to implement mandatory electronic invoicing for business-to-business (B2B) transactions within the country. This initiative aims to simplify tax compliance, combat VAT fraud, and…
Denmark
Denmark’s digital bookkeeping updates for 2025
The Danish Bookkeeping Act is entering a new phase in 2025, affecting how companies manage their financial records. Starting this year, medium and large enterprises using self-developed bookkeeping systems must…
