Originally, the plan was to introduce the new VAT reporting method on July 1, 2024. After extensive consultations with professional federations, companies, and software publishers during the first half of 2023, the decision to postpone the launch was made to allow sufficient time for a successful implementation of this significant economic reform.
The new effective date is yet to be determined and will be established during the process of approving the 2024 budget law. This ensures that the 4 million affected businesses can smoothly transition to electronic invoicing under optimal conditions.
Work is continuing to provide businesses with as many assurances as possible for a successful transition to electronic invoicing (eInvoicing).
The registration service for partner platforms in eInvoicing, which was launched on May 2, 2023, by the Directorate-General of Public Finances, is already processing the first received applications. As a testament to the government's commitment to business interests, the support system is being developed in close collaboration with stakeholders, maintaining the same emphasis on dialogue and responsiveness that formed the foundation of this important reform.
Source: Ministère de l'Economie, des Finances et de la Souveraineté Industrielle et Numérique
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Daniëlle van der Meulen-Idema
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