Compliance pulse

• Temporary rule deeming PDF invoices as electronic invoices expires under Law 73-A/2025.

• Transition permitting alternative B2G formats for SMEs expires under Law 73-A/2025.

Businesses register e-invoice receiving details in the e-Business Register. Electronic invoices are exchanged through domestic operators and Peppol where supported.

RR No. 26-2025

• Structured B2B electronic invoice issuance duty takes effect for eligible sales.

• NOK 5 million exemption from electronic availability of booked information repealed.

• SAF-T Financial version 1.40 becomes the prospective mandatory format.

NAV's temporary non-penalisation concession ends; the domestic small-enterprise VAT exemption threshold rises to HUF 22,000,000.

Qualifying contact payments become subject to electronic recording under the new legislation. The system covers payment methods such as cash and payment cards, subject to statutory exemptions. The new EET legislation does not introduce mandatory domestic B2B electronic invoicing and must not be presented as the national implementation of the EU ViDA cross-border reporting rules.

Mandatory issuance of fiscalised electronic invoices extends to non-VAT registered businesses, sole traders (obrtnici), liberal professions, and non-VAT public entities. Complete domestic phase-out of commercial paper billing.

Phase 2 of mandatory SAF-T reporting takes effect, extending to entities meeting revised turnover criteria based on 2024 financial declarations.

Government agencies subject to Rule 44 must contractually mandate large suppliers (turnover exceeding NZD 33 million) to submit all domestic trade invoices electronically via Peppol.

Mandatory implementation of certified VERI*FACTU billing software.

Phase 1 taxpayers (revenue ≥ AED 50 million)

Mandatory implementation of certified VERI*FACTU billing software.

Phase 2 taxpayers (revenue < AED 50 million)

Mandatory issuance, receipt, and status reporting of B2B electronic invoices.

• Proposed extension of PDF deeming rule under Draft 2027 Budget Proposal.

• Proposed extension of SME B2G transition under Draft 2027 Budget Proposal.

The Tax and Customs Board describes an optional XBRL GL source-data submission channel via X-tee. A general B2B e-invoicing mandate for 2027 has not been enacted.

Covered Latvian-registered undertakings must exchange compliant invoices and report the required data, subject to statutory exceptions.

Small enterprise VAT exemption threshold increases to HUF 24,000,000 under enacted legislation.

Phase 3 of mandatory SAF-T reporting commences for businesses exceeding BGN 15 million in net sales revenue or BGN 1.5 million in tax payments.

Qualifying paper/PDF relief continues for issuers at or below €800,000; the separate EDI transition remains available through 2027.

Proposed 5-corner Peppol CTC Model

OIOUBL 2.1 and NemHandel BIS 4 operate side-by-side across the national network.

All taxable persons established in Luxembourg must be able to receive EN 16931-compliant e-invoices.

Businesses subject to mandatory online cash-register use must transition from traditional OPG devices to authorised hardware-based electronic cash registers.

Mandatory Issuance (Phase 1) (B2B)

Mandatory issuance and receipt of B2B electronic invoices. 

Status reporting (with the exceptions).

All VAT-registered businesses

Phase 4 of mandatory SAF-T reporting commences for all standard small and medium-sized commercial entities.

Expected

Businesses engaged in intra-EU trade

Phase 5 of SAF-T reporting takes effect, completing the national rollout across all remaining corporate tax registers.

Directive (EU) 2025/516

Mandatory e-invoicing and 10-day Digital Reporting Requirements (DRR).

Mandatory structured e-invoicing for domestic B2B transactions, alongside real-time digital reporting for all intra-Community cross-border B2B transactions across the EU.

From the commencement of application, Article 86 provides up to two years for B2C compliance and up to three years for B2B and B2G compliance, subject to the detailed implementation schedule. Article 87 establishes a three-year transition for existing fiscal systems, with certain qualifying legacy systems permitted for up to four years. If application begins on 31 August 2027, the corresponding latest dates would fall in August 2029, August 2030 and August 2031.

Mandatory transactional digital reporting for domestic B2B transactions to the Belastingdienst (one year following the e-invoicing mandate).