Official report of the reform of electronic invoicing!
We wish to inform you of the recent decision of the General Directorate of Public Finances (DGFiP) concerning the reform on the Electronic Invoice. In order to ensure the successful implementation of this major initiative for the economy, it was decided to postpone the entry into force of the scheme on 1 July 2024.
To date, no specific timelines have been communicated for the new effective date of the e-Invoicing reform deferral. This will be determined in the context of discussions and progress on the work related to the adoption of the 2024 finance law. Nevertheless, it is essential to continue our preparations without hesitation, because compliance with this reform represents a major undertaking.
The Government has embarked on an ambitious reform to introduce electronic invoicing and transfer of transaction data to the tax authorities. This approach aims to strengthen the competitiveness of our companies, simplify VAT reporting obligations through pre-filling of declarations, improve the fight against fraud and obtain real-time knowledge of the business economy. The delay in entry into force is the result of constructive discussions between the administration and stakeholders, of which you are an integral part as companies and software vendors. The new date will be set with the main objective of ensuring a successful transition to electronic invoicing for the 4 million businesses involved.
We would like to emphasize that our efforts continue to focus on providing the best guarantees for a successful transition to electronic invoicing, taking into account your specific expectations and needs. This in no way calls into question the efforts and commitment you have made to this process, which will ensure that you are ready for the day of the deferral. Together, we are confident that the transition to e-invoicing will be a success and benefit our entire economy.
