Greece: European Commission proposes to authorize mandatory domestic B2B e-invoicing

On January 13, 2025, the European Commission proposed granting Greece permission to implement mandatory e-invoicing for B2B transactions.

Timeline

The European Commission proposed granting Greece permission for mandatory e-invoicing starting on July 1, 2025. The derogation will remain in effect until June 30, 2026, or until the VAT in the Digital Age (ViDA) directive enters into force, whichever comes first.

Impact

This proposal builds on Greece's existing myDATA platform, which requires VAT-related transaction data submissions. Key impacts include:

• Improved compliance through real-time transmission of e-invoice data to myDATA.
• Introduction of pre-filled VAT returns, reducing administrative burdens for businesses.
• Support for tax fraud reduction initiatives through better-quality data submissions.

Businesses should prepare to comply with e-invoicing requirements starting in 2025 and ensure their systems integrate smoothly with myDATA requirements.