All relevant developments in Europe and worldwide – summarized in a compact format

Implementing e-invoicing requires companies to make strategic decisions that will have a long-term impact on efficiency, compliance and costs, in addition to meeting regulatory requirements. The mandatory requirement for companies in Germany to be capable of receiving e-invoices in B2B commerce from 2025 has left many companies facing the challenge of finding a suitable e-invoicing provider. But which criteria are key to making an informed choice?

The German Bundesrat (Federal Council) ratified the Annual Tax Act 2024 at the end of last last week. In theory, the law exempts very small companies from the duty to issue structured e-invoices for the foreseeable future.

Mandatory electronic invoicing (e-invoicing) is becoming ever more significant in Europe. With the introduction of a statutory framework for e-invoicing, Serbia has set up clear requirements which will impact companies, authorities, and taxpayers alike.

The German Federal Ministry of Finance has published its finalized Guidelines for Introducing Mandatory E-Invoicing. In doing so, the obligation to issue invoices electronically from January 1, 2025 is being progressively implemented. The new regulations apply to all B2B transactions between domestic companies and represent a significant step towards digitizing and simplifying billing processes.