These platforms will have the ability to transform the format of the invoice issued by the Supplier into onesuitable for the client and compatible with European e-Invoicing standards (see e-invoicing formats below). Issuing, transmitting, and receiving electronic invoices.Now, taxable companies will have to use the services of a dematerialization platform to transmit and receive electronic invoices and send transaction and payment data to the French administration. Under the new article 289 bis and the Y-S c heme : e-invoices may no longer be transmitted directly from provider to client.
INVOICER IN FRENCH PRO
This model allows taxpayers the option to transmit and receive their invoices and data by using either the public platform Chorus Pro (the “Portail Public de Facturation” or PPF) or a partner document dematerialisation platform (The “Plateforme de Dématérialisation Partenaire” or PDP).
The French Government has decided to opt for the Y model. This implementation will combine e-invoicing with e-reporting or mandatory “electronic transmission of invoices data.”
The operation is subject to French invoicing rules. The buyer is a taxable person established in France. The supplier is a taxable person established in France. Specifically, e-invoicing will be mandatory when: This will apply to all invoices for domestic goods and services sales between taxpayers (also known as B2B transactions). WhatĪre e-invoicing and e-reporting? E-invoicing in FranceĮlectronic invoicing, or e-invoicing, is defined as “ the interchange and storage of legally valid invoices in electronic format only between trading partners.” The e-invoicing transmission requirement only concerns Value Added Tax (VAT)-liable companies established in France. The main objective is to modernize the current tax system and reduce the VAT gap (EUR 13 billion). To this end, it has established the legal framework for large-scale mandatory e-invoicing between private companies (B2B), along with e-reporting (mainly meant for reporting VAT value to government). Digital Reform: What to expect from France’s upcoming e-reporting and e-invoicing system by Justine Ode, Marketing associate | 31 August 2022įrom 2024 to 2026, the French government is planning to implement generalized electronic invoicing and e-reporting.
0 kommentar(er)
