On 22 March, the German Bundesrat voted in favour of a compromise version of the ‘Wachstumschancengesetz’, or Growth Opportunities Act. That has cleared the way for the gradual introduction of mandatory structured electronic invoicing (e-invoicing) in Germany. From January 2025 onwards, German companies will be required to accept e-invoices for B2B transactions.
In deciding to make e-invoicing mandatory, Germany is following the example of Italy, France, Poland and Belgium. The requirement is considered to be a turning point in German tax legislation. This is because the government believes e-invoicing is a powerful weapon in the fight against tax fraud, since it makes it possible to check input tax directly.
Electronic invoicing also has a significant advantage for businesses: the automation of business processes enables them to strengthen their competitive position.
Also read: What are digital invoices? And what are the advantages?
To give companies the chance to adapt to the new regulations, mandatory e-invoicing is being introduced step by step:
The table below offers a summary:
Also read: E-invoicing in Germany
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