Are you aware of the new invoicing requirements under The Growth Opportunities Act? The German Bundesrat endorsed new electronic invoicing requirements on March 22, 2024, looking to streamline processes for companies operating in Germany.
Under European Directive #EN16931, businesses must be prepared to receive e-invoices beginning in January 2025; however, issuance of e-invoices isn’t mandated until January 2027 for companies with over €800,000 in annual turnover. Companies under this threshold can wait until January 2028 to begin utilizing e-invoicing.
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