E-Invoicing in Finland

Finland is on the Road to E-invoicing

In Finland, starting April 1, 2021, based on the e-invoicing act (241/2019) and the implemented European standard 2014/55/EU, all invoices issued to the government must comply with standards for electronic invoicing.

Invoice formats accepted in Finland are Finvoice 3.0 and TEAPPSXML 3.0. As part of the process of electronic invoice exchange, data on the invoice is validated in relation to the European Standard EN16931.

Although B2B e-invoicing is not mandatory in Finland, it is becoming more and more popular and beneficial for business. In the field of invoicing, B2B companies with an annual turnover of over EUR 10,000 have the right to request e-invoices from their suppliers in accordance with the Finnish e-Invoicing Act 241/2019.

Who is obliged to use e‑Invoicing in Finland

B2G invoicing is mandatory in Finland. Although B2B e-invoicing is not mandatory in Finland, it is becoming more and more popular and beneficial for business.

E-invoicing process description

Finland has no state platform, but businesses can choose a private supplier to generate and send invoices. E-invoicing technology providers maintain and update a public database that exchanges information with every public or private entity that has enabled this option.