E-Invoicing Regulations and Compliance - What Do You Need to Know?
Ensuring compliance in electronic invoicing can be a challenge. The more countries you reach in your operations, the wider variety of local laws, e-invoicing regulations and technical requirements you must meet.
The third chapter of our introductory e-book 5 Things You Need to Know About e-Invoicing focuses on compliance issues. With this chapter, you will get an overview of the things you simply need to understand about e-invoicing regulations and requirements to ensure your e-invoicing processes are compliant. We will explain:
- The basics of regulatory, technical and partner compliance
- The two models for VAT clearance
- Different compliance requirements for buyers and suppliers
There is an increasing global trend toward real-time VAT control in invoicing. It will have major impacts on e-invoicing regulations. After reading this chapter, you will also have a better understanding of the changes ahead.