Overview
- On Tuesday the reception of electronic invoices became legally mandatory for all companies subject to VAT.
- Large companies and mid‑sized ETIs must also issue invoices electronically from the same date using state‑approved channels.
- The state has accredited 148 platforms to route and automate invoices and by late August about 58% of firms had picked a platform.
- Small firms and microbusinesses keep an issuance exemption until 1 September 2027, but professional bodies warn many companies still face technical and administrative hurdles.
- The government says the reform will affect roughly 10 million companies and aims to reduce VAT fraud and raise productivity after a decade of delays.