08.04.23

European Union Council derogation approval

Only a few weeks ago, Kofax’s recent post commented on the European’s Union’s draft proposal to authorise Germany to mandate B2B e-invoicing in the country.  

And e-invoicing advancements are developing swiftly. The Council of the European Union has now approved this request, authorising Germany to mandate B2B e-invoicing in the country. The timeframes for approval remain the same as previously outlined in the draft- i.e., from 1 January 2025 to 31 December 2027, or alternatively, when Digital Reporting Requirements for ViDA come into effect.  

The EU approval can be located via the link below: 

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32023D1551  

The derogation approval represents a significant milestone relating to Germany’s e-invoicing trajectory. Germany is a critical market for Kofax, and we are closely monitoring e-invoicing developments in the country.