Electronic invoicing9/22/2023 ![]() for economic operators: to issue and transmit only electronic invoices, that is to say, XML files or files containing XML, which are compliant in the context of public procurement.The Law of 13 December 2021 amending the Law of provides for the following obligations: It also determines that the alternative non-automated technical solutions available to economic operators for manually issuing and transmitting electronic invoices are two types of online forms described in more detail in the section " Technical solutions". This Regulation, adopted on the basis of the Law of 13 December 2021, selects as the common delivery network to be used by public-sector bodies for the automated receipt of electronic invoices the European Peppol network, managed and maintained by OpenPeppol, an international non-profit association governed by Belgian law. On 14 December 2021 the Grand-Ducal Regulation of 13 December 2021 determining the common delivery network and the alternative technical solutions used for electronic invoicing in public procurement and concession contracts was also published in the Official Journal of the Grand Duchy of Luxembourg. The European standard on electronic invoicing is EN 16931-1:2017, which is namely published on the site of the ILNAS (Luxembourg Institute of Standardisation, Accreditation, Safety and Quality of Products and Services).īoth the 2019 Law and the 2021 Law apply only to public procurement and therefore only create obligations for the stakeholders in public procurement contracts: on the one hand, economic operators, namely mostly businesses, and on the other hand, the contracting authorities and entities, that is to say, the public-sector bodies which come within the scope of the Law of 8 April 2018 on public procurement, as amended. The European standard and the list of the two permitted syntaxes have been set by Commission Implementing Decision (EU) 2017/1870 of 16 October 2017 on the publication of the reference of the European standard on electronic invoicing and the list of its syntaxes pursuant to Directive 2014/55/EU of the European Parliament and of the Council. It provides for the definition of a common European standard for the semantic data model of an electronic invoice and syntaxes, that is to say, XML formats, to be used on a mandatory basis. The Directive was intended, among other things, to prevent the proliferation of standards and file formats for electronic invoicing within the EU and thus to help combat the fragmentation of the European internal market. The new law therefore amends the Law of on electronic invoicing in public procurement and concession contracts, which in turn transposes into Luxembourg law Directive 2014/55/EU of the European Parliament and of the Council of 16 April 2014 on electronic invoicing in public procurement. On 14 December 2021, the Law of 13 December 2021 amending the Law of on electronic invoicing in public procurement and concession contracts was published together with the Grand-Ducal Regulation of 13 December 2021 fixing the common delivery network and alternative technical solutions used for electronic invoicing in public procurement and concession contracts. It makes it mandatory for economic operators to send their invoices electronically to the State in the context of public procurement and concession contracts. ![]() The move towards e-invoicing supports environmental sustainability by reducing the use of paper and minimizing the carbon footprint associated with paper-based invoicing.On 14 December 2021, the Law of 13 December 2021 amending the Law of on electronic invoicing in public procurement and concession contracts was published in the Official Journal. With e-invoicing, businesses can receive payments faster and more efficiently, which can improve cash flow management. This can help to improve accuracy and reduce disputes and delays. ![]() It also reduces the time needed to process payments, resulting in faster payment cycles.Į-invoicing reduces the risk of errors that can occur with manual data entry or paper-based invoicing. ![]() Companies with a global presence must consider these evolving regulations to continue their business in regions that they have a local presenceĮ-invoicing streamlines the invoicing process, eliminating the need for manual data entry, reducing errors, and saving time. Many countries are now mandating the use of e-invoicing as a way to improve tax compliance and reduce fraud.
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