In this video, we delve into how the new e-invoicing mandate from the German government will impact businesses. From streamlined invoicing processes to enhanced compliance and cost savings, learn how your business can navigate these changes successfully.Germany is set to implement mandatory B2B e-invoicing starting January 1, 2025, as part of a broader initiative to streamline financial operations and enhance compliance with European regulations. This mandate will require all businesses in Germany to be capable of receiving electronic invoices, with phased requirements for sending them based on annual turnover.
Key Dates and Requirements
🔘 January 1, 2025: All businesses must be able to receive EN-compliant electronic invoices.
🔘 January 1, 2027: Mandatory issuance of e-invoices for businesses with an annual turnover exceeding €800,000.
🔘 January 1, 2028: Mandatory issuance of e-invoices for all businesses, regardless of turnover.
The e-invoices must comply with the EN 16931 standard, ensuring interoperability across different systems. The formats accepted include XRechnung and ZUGFeRD, which are designed to meet the requirements of both B2B and B2G transactions.
Watch the full webinar for detailed insights:
