Legal Regulation Changes

The Philippine Bureau of Internal Revenue (BIR) has introduced Revenue Regulations 11-2025, outlining updated obligations regarding issuing and reporting electronic invoices.

The Spanish Tax Administration has officially postponed the mandatory implementation deadlines of the Veri*factu regulation, which governs the technical standards for invoicing software used by companies and professionals.

On March 18, 2025, Germany’s Ministry of Finance introduced new provisions for small businesses, aligning national regulations with EU Directive 2020/285.

On April 1, 2025, the Independent Authority for Public Revenue (AADE) officially announced an extension of the compliance deadlines for the electronic transport data submission framework.

The President of the General Tax Administration Board (AGT) has announced that Angola is preparing to implement a nationwide e-invoicing system for resident companies and to introduce a prize-based initiative to encourage individual invoice reporting.

Starting January 1, 2026, Serbia will mandate the use of a new e-delivery note system (e-otpremnica). The regulation has been published in Official Gazette No. 21/2025 and applies to a broad scope of entities.

In response to stakeholder input, the Danish Business Authority has decided to postpone the final rollout of the OIOUBL 3.0 invoice package. Initially scheduled for April 10, 2025, the release has now been moved to October 2025.

Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has announced the 22nd set of companies selected for the second stage of the national e-invoicing rollout, known as the “Connect and Integrate” phase.

As part of the UAE Ministry of Finance's initiative to implement the 5-corner model for electronic invoicing, the Ministry has unveiled the accreditation requirements for service providers.

Belgium has adjusted the list of taxpayers who will be subject to the country’s mandatory B2B e-invoicing regulations starting January 1, 2026.

On February 11, 2025, Slovenia announced a revised draft law on electronic invoicing that brings significant updates to the previous version, including a delay in the e-invoicing mandate and removal of the reporting requirement to the Slovenian Tax Authority (FURS).

As part of its ongoing digital transformation in taxation, Spain opened a second round of public consultation on the Draft Royal Decree “Crea y Crece.” The initiative is a significant step in the country's push to modernize business transactions through mandatory electronic invoicing.

The Saudi Tax and Customs Authority (ZATCA) has announced the 21st wave of the Integration Phase for the country’s e-invoicing mandate. Businesses included in this phase must integrate with the FATOORA platform by November 30, 2025.

As part of its digital transformation efforts, Nigeria’s Federal Inland Revenue Service (FIRS) has announced plans to introduce electronic invoicing, starting with a pilot phase for the largest taxpayers in the second half of 2025.

Italy has officially extended its ban on issuing e-invoices for B2C healthcare services until December 31, 2025.

Guatemala’s Superintendency of Tax Administration (SAT) has introduced five new electronic tax documents for businesses operating under the Livestock and Primary tax regimes. The decree, published on December 9, 2024, will take effect on April 9, 2025.

On March 11, the European Council officially approved VAT in the Digital Age Package (ViDA) –a set of regulations designed to modernize the EU’s value-added tax (VAT) system for the digital era, which was first introduced on December 8, 2022.

The Croatian Ministry of Finance has initiated a public consultation on proposed legislation requiring businesses to adopt electronic invoicing.

Romania has introduced new updates to its e-Factura system following the mandatory B2C e-invoicing reporting requirement that took effect on January 1, 2025.

The Malaysian government has postponed e-invoicing requirements for micro, small, and medium enterprises (MSMEs) to January 1, 2026. This extension allows businesses with annual sales between 150,000 RM and 500,000 RM more time to adapt to the new system.

Malaysia’s Inland Revenue Board has released updated e-invoicing guidelines, refining regulations on self-billed transactions and introducing new exemptions.

On December 19, 2024, the European Union Council published the Council Implementation Decision 2024/3150, granting Italy an extension for its mandatory e-invoicing system until December 31, 2027.

On February 25, 2025, the EU Council officially authorized Greece to introduce mandatory e-invoicing for all B2B transactions, marking a significant step toward modernizing the country’s tax compliance system.

The Council has approved new legislation introducing an electronic VAT exemption certificate, replacing the traditional paper-based system. The new certificate will become mandatory starting in June 2025.

Botswana is set to introduce an electronic invoicing system aimed at improving tax compliance and reporting accuracy. Announced in the 2025/2026 Budget Speech, the system is scheduled for completion by March 2026.

The Bolivian National Tax Service has announced a revised deadline for taxpayer groups 9, 10, 11, and 12 to comply with digital tax document issuance requirements. Originally set for March 1, 2025, the deadline has now been extended to October 1, 2025.

The Federal Ministry of Finance of Bosnia and Herzegovina has launched a public hearing on the Draft Law on Fiscalization of Transactions, running from January 1 to March 1, 2025.

The Swedish Customs Authority (Tullverket) has announced that, on March 1, 2025, it has adopted the Peppol BIS Billing 3 format for invoicing customs, taxes, and fees.

The US Multistate Tax Commission (MTC) is spearheading a proposal aimed at harmonizing the sales tax rules for digital goods and services across the 45 states that currently impose sales tax.

Uruguay's Ministry of Economy is exploring a groundbreaking shift in its tax system by proposing a personalized VAT regime. Initially developed with support from the Inter-American Development Bank in 2022, the proposal was officially presented on January 8, 2025.

On January 29, 2025, Pakistan's Federal Board of Revenue (FBR) introduced significant changes to the country's sales tax invoicing system with the issuance of Notification S.R.O. 69 (I) 2025.

Since 2012, Norway has required e-invoicing for B2G transactions using the PEPPOL framework. Now, the government is considering extending this obligation to B2B transactions.

The Norwegian Ministry of Finance is taking significant steps towards enhancing the country's business sector by investigating the introduction of digital bookkeeping and mandatory e-invoicing requirements for businesses

Starting January 20, 2025, Kerala has introduced a new feature within the E-Way Bill (EWB) system, allowing taxpayers to generate E-Way Bills for gold-related goods under Chapter 71.

Starting January 2025, businesses in Liechtenstein are required to process all VAT transactions exclusively through the newly launched eVAT portal.

Jordan is moving forward with the next stage of its electronic invoicing system, JoFotara. The Ministry of Finance and the Income and Sales Tax Department have announced that Phase 2 will take effect on April 1, 2025.

The Finance Bill 2025, presented on February 1, introduces several significant changes to the Goods & Services Tax (GST) framework, aimed at simplifying tax compliance, enhancing regulatory oversight, and refining tax treatment for specific transactions.

Egypt is further modernizing its tax collection system with the expansion of its e-receipt mandate.

On January 23, 2025, the Croatian Ministry of Finance confirmed that the much-anticipated "Fiscalization 2.0" tax reform package is nearing completion

In January 2025, Chad’s Ministry of Finance and Budget announced a significant change in the country’s VAT policy.

Following the successful implementation of electronic invoicing in Egypt and Saudi Arabia, Bahrain is now considering its own system as part of efforts to improve VAT compliance and tax collection efficiency.

On 13 February 2025, the UK’s HM Revenue and Customs (HMRC) and the Department for Business & Trade launched a 12-week public consultation on the future of e-invoicing and digital reporting.

The Zakat, Tax, and Customs Authority (ZATCA) has announced the selection criteria for taxpayers included in the 20th wave of the e-invoicing Integration Phase.

Bavaria is set to streamline its e-invoicing process with the introduction of a centralized platform in 2025. Since 2020, public entities in the state have been receiving e-invoices in a decentralized manner, either via email or on paper.

In a move that has sparked widespread backlash, the French government has proposed reducing the VAT registration threshold for services from €37,500 to €25,000, starting 1 March 2025

The European Tax Adviser Federation (ETAF) has urged the European Commission (EC) to strengthen regional regulations for e-invoicing, citing the need for enhanced security and streamlined adoption.

The United Arab Emirates Ministry of Finance and the Federal Tax Authority have launched a public consultation on the e-invoicing data dictionary, allowing stakeholders to provide input on the technical specifications of e-invoice formats.

Belgium is planning to introduce near real-time transaction reporting by 2028 as part of its ongoing efforts to combat tax evasion.

On December 30, 2024, the Italian Revenue Agency issued a new Provision aligning Italy’s VAT exemption regime with the EU’s cross-border SME scheme.

With the release of SINIEF Adjustment No. 34/24, Brazil has updated the implementation timeline for NFCom, a new mandatory invoicing requirement for ICMS taxpayers. The mandatory adoption of NFCom will begin on November 1, 2025.