Belgium confirms B2B E-invoicing plans

The mandate: B2B Electronic invoicing

The Ministry of Finance of Belgium has confirmed plans to introduce mandatory business-to-business (B2B) e-invoicing starting in July 2024. This expands the current e-invoicing mandate for business-to-government (B2G), which has been in place in Belgium since 2019.
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The plan also includes some form of near-live e-reporting. This proposal has yet to be presented to Parliament and formalized into law, which could potentially happen this summer.
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Although no new technical details have been disclosed, Belgium will likely require taxpayers to interchange e-invoices using a PEPPOL-based system and report those transactions to the Belgian tax authority in near-live time (e-reporting).

The timeline

Although the timeline is subject to change, it will likely follow a gradual rollout beginning in July 2024:
1. July 2024: Large taxpayers (above €9 million turnover)
2. January 2025: Mid-sized taxpayers (above €7 million)
3. July 2025 (TBC): Small taxpayers below €7m

How can Invopop help?

Invopop helps global companies comply with local e-invoicing and e-reporting requirements. We offer an API that records every sale, converts it to a locally compliant invoice format, forwards it to the buyer, and reports it to the appropriate tax authority, according to local law.
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If you want to prepare to comply with new electronic invoicing requirements, contact us today.
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