A new law permanently exempts small business owners from the B2B mandate to issue electronic invoices. Receiving electronic invoices is still obligatory. Archiving periods for invoices is reduced from 10 to 8 years.
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On 15.10.2024, the Federal Ministry of Finance (“BMF”) published official guidelines for the upcoming e-Invoicing mandate, confirming its hands-off approach while hinting at future definitions of transmission channels in the context of tax reporting.
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The german edition of the Exchange Summit will take place in Berlin, just 2 months before the start of the national B2B e-invoicing mandate.
Continue readingGerman federal government officially responds to an enquiry about their view on the state of implementation of e-Invoicing mandate.
While a simple E-Mail inbox may be enough, other means of communication may be agreed on just as well.
Updated versions of the XStandard specifications for XRechnung invoices and XBestellung orders were published on 3.7.2024 and are available at xeinkauf.de of KoSIT.
Continue readingOn 13.6.2024, the Federal Ministry of Finance (“BMF”) published the draft of an official letter aiming to clarify open questions surrounding the upcoming e-Invoicing mandate.
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Taking stock of progress to date, the German e-Invoicing community gathered in Berlin for their traditional e-Rechnungsgipfel on June 10/11, 2024, with many discussions revolving around the upcoming B2B e-invoicing mandate.
Continue readingThe event organized by Vereon, the team behind the Exchange Summit, will feature in-depth sessions and presentations conducted entirely in German.
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Continuing the rollout of e-Invoicing with public administrations in Germany, another state’s mandate for its suppliers entered into force on 18.4.2024.
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Today, on 22.3.2024, the German Bundesrat approved and finalized the German Growth Opportunities Act (Wachstumschancengesetz) including strong political moves towards digitalization of both the private and public sector.
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