Welcome to our Banqup website! We, and third parties, use cookies on our websites. We use them to enhance site navigation, analyse site usage and assist in our marketing efforts. You can read more about our cookies and change your preferences by clicking on ‘Change my settings'. By clicking on 'Accept all cookies’, you agree to the use of all cookies as described in our Privacy cookie policy.
E-invoicing regulation updates

Video: The latest tax compliance updates Q1 2023

January 1, 2023
9:00 am

2023 will begin with new electronic invoicing mandates and updates to existing changes on the tax compliance roadmap. Take a look at the most prominent changes and discover which countries have started their mandatory electronic invoicing journeys.

New regulations on the roadmap

European Union

The European Commission adopted the proposed Council Directive amending VAT Directive 2006/112/EC in relation to VAT rules for the digital age.

According to the EC proposal ‘VAT in the Digital Age’, Member States will be required to adopt the new definition of electronic invoicing, aligned with the Directive 2014/55/EU on electronic invoicing in public procurement. In addition, the requirement for the recipient’s consent to receive an electronic invoice will be removed.

The new legislation grants the Member States the right to mandate the issuance of electronic invoicing, while ensuring alignment with the EN 16931 standard. And Member States need to adapt their laws accordingly until 31 December 2023.

To explore the mandates even further and to understand the changes for the average European business, take a look at our blog.


Guatemala’s tax authority has announced that their e-invoicing mandate will be applicable for all taxpayers from the 1st of April 2023.

From April, small businesses will need to follow the same regulations as all other Guatemalan businesses by transitioning to mandatory electronic invoicing. This is the last milestone in Guatemala’s mandatory e-invoicing rollout, which means paper invoices are no longer valid for VAT deductions in the country.


It is rumoured that Bahrain plans to introduce mandatory e-invoicing in January 2024. The Kingdom organised a tender with a deadline implementation for January 2024. We will be keeping track of the progress and announcements.

Regulation updates


Slovakia’s national e-invoicing platform IS EFA (Informačný system elektronickej fakturácie) has launched a test operation. The launch has been delayed and the platform is only available for testing purposes for certain segments within the Ministry of Finance. From April 2023, more segments will be able to test the platform. The aim is to have a platform in place which mandates business-to-government electronic invoices.


From the 1st of October 2023 a new system concerning the JCT (Japanese Consumption Tax) regime comes into force: Qualified Invoice System.

Under the scope of the system the JCT registered business will be required to add additional information on their invoices. The change states that a qualified invoice must include a breakdown of applicable tax rates for that given transaction. Under the new system, only registered JCT payers can issue qualified tax invoices, and on the buyer side of the transaction, taxpayers will only be eligible for input tax credit where a qualified invoice has been issued. In order to be a registered invoice issuer businesses need to apply to the National Tax Office until 31 March 2023.

How to stay up to date

At Unifiedpost Group, we regularly update our tax compliance and e-invoicing roadmap so that your business has the most vital information they need. To make sure you receive our updates sign-up to our tax compliance and e-invoicing newsletter or follow us on LinkedIn.

Stay up to date

Tax compliance models in practice

Tax compliance models and regulations evolve continuously around the globe. At Unifiedpost Group, we want to ensure that you’re aware of changing global regulations and trends. To raise your awareness and to stay up to date, sign up to our free tax compliance email newsletter. Receive monthly regulation updates and increase your e-invoicing knowledge with our Unifiedpost Group experts.

Thank you! Your message has been sent successfully.
Something went wrong. Please make sure all the fields are filled in correctly.