Economy. Electronic Invoicing for Companies Comes Into Effect This Tuesday
23 Articles
23 Articles
leprogres.fr
However, there will be no immediate sanction for latecomers, with the Ministry of Economy leaving a period of adjustment until 2027.
As of Tuesday, ETIs and large companies are required to issue their invoices through one of the 148 approved platforms. TPEs and SMEs must also be able to receive them. A 10-year-old construction site that makes teeth grow.
Electronic invoicing, which becomes mandatory from this 1st September, promises a huge efficiency gain for all French companies. It will also allow real-time control of all transactions. Its objective: at least two billion additional revenues per year. Explanations.
Electronic invoicing becomes mandatory for businesses this Tuesday. Faced with the difficulties of adapting TPEs and after the hacking suffered by the tax this summer, Bercy chose the flexibility: no fines will be imposed until 2027.
A promise of simplification for businesses and a new tool to combat VAT fraud for the state, which hopes to gain €3 billion a year, the reform concerns 4 million enterprises.
This reform concerns all companies subject to VAT. Companies will have to pass through approved platforms to issue and receive their invoices according to a specific timetable.
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