The European Union is advancing its digital agenda with a significant push for mandatory e-invoicing via the Global Peppol Network across member states, aligning with the EN 16931 standard to streamline andstandardize cross-border transactions.
This move aims to enhance tax compliance, optimize invoicing, andsupport seamless data sharing. Countries like Germany, France, and Poland are already on track to introducephased B2B e-invoicing mandates by 2025, adopting the PEPPOL e-invoicing standard.
Italy and Finland have implemented similar systems, while others, including Spain, are set to follow soon.
With tailored mandates by each country, the EU aims for a uniform yet adaptable framework for businesses across diversemarkets. This shift represents a major step in digital transformation, impacting businesses’ operations andcompliance requirements..