Norway Sets Ambitious Roadmap for MandatoryE-Invoicing and Digital Bookkeeping The Norwegian Ministry of Finance has initiated a formal process to overhaul the country’s invoicing and accounting regulations. In a directive dated March 16, 2026, the Directorate of Taxes (Skattedirektoratet) was tasked with drafting the legal framework for a phased digital transition. Implementation TimelineThe proposed timeline […]
Chad Broadens Standardized E-InvoicingRequirements for 2026 Chad’s Finance Law for the 2026 fiscal year has introduced a significant expansion of the Standardized Electronic Invoice, known as Facture Électronique Normalisée (FEN). Effective January 1, 2026, the new regulations mandate the use of FEN for specific VAT-taxable transactions and as a strict prerequisite for processing public expenditures.
Bahrain Updates VAT Guidance onImport Deposits and Recovery Bahrain’s National Bureau for Revenue (NBR) has released Version 1.5 of its VAT guidance, dated March 11, 2026. The updated manual introduces specific rules regarding the recovery of VAT paid as deposits during the import of goods. VAT Deposits vs. Recoverable TaxThe NBR clarifies that VAT amounts
Swedish Government Announces Strategic Shift inDigital Procurement Responsibilities In a move to streamline public administration and enhance cost-effectiveness, the Swedish Government has issued a directive to transfer specific responsibilities from the Agency for Digital Government (Digg) to the National Agency for Public Procurement (Upphandlingsmyndigheten). Consolidating Digital ProcurementThe transfer, scheduled to be finalized by July 1,
Slovakia e-Invoice Guide: March 2026 Update The Financial Directorate of the Slovak Republic has released an updated FAQ and technical guide as of March 2026, detailing the transition to the national e-invoicing system. Technical and Legal Insights Format & Standard: E-invoices must be structured XML files compliant with the European EN16931 standard using UBL 2.1
UAE FTA Clarifies Excise Tax Treatment forNatural Shortage of Goods The UAE Federal Tax Authority (FTA) has issued Public Clarification EXTP014, providing detailed guidance on the treatment of “Natural Shortage” of excise goods held within Designated Zones (DZs). Effective from July 1, 2025, the update clarifies that certain losses due to the inherent nature of
Malaysia Formally Reduces Service Tax onRental and Leasing Services The Malaysian government has officially gazetted the Service Tax (Rate of Tax) (Amendment) Order 2026 on March 13, 2026. This legislative move confirms the Ministry of Finance’s earlier announcement regarding the reduction of service tax for specific sectors. Key highlights of the amendment include:
Germany Unveils XRechnung 4.0 A Major Milestone for 2026 E-Invoicing BREMEN – The Coordination Office for IT Standards (KoSIT) has announced the upcoming release of XRechnung 4.0, the next-generation standard for electronic invoicing in Germany. This update aligns with the new European standard EN 16931-1:2026 and the EU-wide VAT in the Digital Age (ViDA) initiative.
The end of Grace Period in Belgium Belgium’s three month tolerance period for the new B2B e-invoicing obligation ends on March 31, 2026. From April 1, 2026, non compliant businesses may face administrative sanctions, subject to case by case assessment by FPS Finance.
Denmark Releases New Peppol Schematron Packages The Danish Business Authority (Erhvervsstyrelsen) has announced the release of version 1.16.0 of the Danish CIUS package and version 1.2.13 of the Danish Peppol BIS3-Other package for immediate implementation. Key Updates: Compliance Deadline:The Peppol schematrons included in these releases have been mandatory since February 23, 2026. Users and service
