TC Tabs New | TrueCommerce

FRANCE

Who:

B2G: Mandatory

B2B: Mandatory electronic invoicing is planned

E-Invoicing model:

B2G: Centralized/PEPPOL

B2B: N/A

CTC to be implemented in 2025

Required format(s):

B2G: UBL 2.0, UBL 2.1, CII 16B, CPP, FacturX, PES, PDF, Peppol BIS

GERMANY

Who:

B2G: mandatory since 2019

B2B: Fully mandatory for B2B sending and receiving by 1.1.2026

1.1.2025, structured e-invoices will have to be accepted, priority for paper invoices is eliminated

E-Invoicing model:

B2G: Decentralized, several portals reachable by PEPPOL and email

B2B: POST Audit, communication channel not defined by draft VAT act

CTC to be implemented in 2025

Required format(s):

B2G: XRechnung and PEPPOL BIS

B2B: from 2025 / 2026 formats defined in EN16931

Timing:

B2G: Since 2020

B2B: 1.1.2025 companies can use electronic invoices in B2B, according to EN16931, priority for paper invoices is gone. 1.1.2026 companies must mandatory send B2B invoices in EN 16931 formats

ITALY

Who:

All domestic B2G, B2B, and B2C invoices

E-Invoicing model:

Centralized CTC. All invoices issued within the Italian borders must be registered in the SDI portal and approved by the Italian tax authorities before being passed on to the recipient.

Required format(s):

For invoices: FatturaPA

For orders: PEPPOL BIS

Timing:

Italy was the first country to introduce a CTC model. E-invoicing, which meets Italian tax compliance, has been mandatory since January 1, 2019.

POLAND

E-Invoicing model:

B2G: Centralized/PEPPOL

B2B: Post Audit

CTC to be implemented in July 2024

Required format(s):

B2G: Currently PeF/PEPPOL

B2B: Currently none

July 2024: KSeF

Timing:

Voluntary phase began in 2022. CTC becomes mandatory in July 2024

PORTUGAL

Who:

All businesses (B2G/B2B) must use certified billing software (ERP system) to create invoices

E-Invoicing model:

B2G: Centralized

B2B: Post Audit

Required format(s):

B2G: SIUS PT

B2B: N/A

SPAIN

Who:

All companies with annual turnover of over €6 million as well as VAT business groups, companies that participate in the monthly tax refund system known as REDEME, and other businesses that voluntarily sign up

E-Invoicing model:

B2G: Centralized, e-invoicing mandatory

B2B: Post Audit

CTC to be implemented in 2025

Required format(s):

UBL, CII, EDIFACT, and FacturaE B2B

TÜRKIYE

Who:

E-Invoicing required for both B2B and B2C companies

E-Invoicing model:

Centralized CTC

Required format(s):

UBL

Frequently Asked Questions

What is tax compliant e-invoicing and why is it important for businesses?

Global e-invoicing involves navigating a complex landscape of ever-changing tax laws, reporting requirements, and deadlines.

Tax authorities in countries across Europe are actively imposing new, strict requirements for electronic invoicing. As regulations continue to evolve, businesses with subsidiaries in multiple countries face the challenge of staying updated and ensuring accuracy and compliance in their sending of electronic invoices.

What are the basic requirements for tax compliant e-invoicing?

What are the penalties for non-compliance with VAT regulations?

How is the typical implementation process of TrueCommerce’s e-invoicing solution, and which competences will TrueCommerce bring to the project?

Why is VIDA being introduced?

To put it simply, it’s because countries across Europe are losing a staggering amount of money to fraud and unredeemed VAT revenues. According to the 2022 Report on the VAT Gap released by the European Commission, EU Member States lost an estimated €93 billion in Value-Added Tax (VAT) revenues in 2020. By digitising their processes, it’s hoped that the administrative workload surrounding tax and VAT collection becomes much more efficient.

How should businesses respond to VIDA?

Essentially, businesses need to ensure that their data and their way of doing business complies with the legislation which is being rolled out. Standardisation is critical to staying compliant and avoiding penalties. Organisations need to ensure that they understand the legislation, can comply with the legislation and then sure ensure compliance across all their transactions – which is no mean feat for any business to tackle alone.

Are there any specific rules for VAT compliance in different industries or countries?

What is Continuous Transaction Controls (CTC)?

Continuous Transaction Controls (CTC) are a set of processes that enable law enforcement agencies, such as tax administrations, to view real time or near real time financial data relating to business activity in their countries.

Unlike previous methods of tracking tax owed from transactions, data is obtained directly from business transaction processes or data management systems in real time, or near-real time.

Countries already imposing CTC regulations are Italy, Poland and France.

In a CTC model, TrueCommerce takes your inhouse invoices, passes them through our compliance solution which ensures they meet tax authority requirements and then forward it onto the final destination.

What is Post Audit?

When Post Audit is applied, the authorities are not involved in the process of exchanging invoices or other data between the trading partners; instead, they can audit the compliance of the process after the exchange.

In a Post Audit model, TrueCommerce retrieves the information, and then we ensure that the information is compliant before we forward it for a qualified signature. Finally, we submit the invoice directly to the recipient, or if a VANs provider is used, TrueCommerce will send the invoice through the VANs partner before sending the invoice to the recipient.

How does TrueCommerce differentiate from competitors in the market?

Which processes will be supported? (Send, receive, error handling, management controls, etc.)

What is VIDA?

FRANCE

Who:

E-Invoicing model:

Required format(s):

GERMANY

Who:

E-Invoicing model:

Required format(s):

Timing:

ITALY

Who:

E-Invoicing model:

Required format(s):

Timing:

POLAND

E-Invoicing model:

Required format(s):

Timing:

PORTUGAL

Who:

E-Invoicing model:

Required format(s):

SPAIN

Who:

E-Invoicing model:

Required format(s):

TÜRKIYE

Who:

E-Invoicing model:

Required format(s):

Frequently Asked Questions

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