E-INVOICING

E-INVOICING : Electronic invoicing

 

Electronic invoicing concerns all purchases and sales of goods and/or services made between companies established in France that are subject to VAT, as long as they are domestic transactions, i.e. they concern the national territory. 

These types of transactions are called "business to business" (or B2B) transactions. 

On the other hand, operations benefiting from a VAT exemption under the provisions of Articles 261 to 261 E of the General Tax Code, exempt from invoicing, are not subject to the electronic invoicing obligation. 

These include health services (article 261, 4, 1°), education and training services (article 261, 4, 4°), real estate transactions (article 261, 5), transactions carried out by non-profit associations (article 261, 7), banking and financial transactions and insurance and reinsurance transactions (article 261C).

It is important to note that even if the form changes, the billing terms will remain the same. 

The compulsory mentions provided for by the commercial code and the general tax code will be the same. 

Nevertheless, the legislator has provided for four new mandatory mentions for management purposes. 

Indeed, companies subject to the issuing obligation will send their invoices to their professional customers (business to business or B2B transactions) through a dematerialization platform partner who will take care of the actual sending of the electronic invoices to the customer's dematerialization platform.

Invoices from your suppliers will be sent to you electronically through the platform(s) you have chosen. This platform can be the same as your supplier, a separate platform or the public billing portal. 

Any company is free to choose the dematerialization platform(s) of its choice.

There is no specific deadline for submitting an electronic invoice: taxpayers will continue to submit their invoices as they go along.

Thus, if you are a VAT taxable person carrying out operations in France that fall within the scope of this tax and that you are therefore subject to the obligation to collect and pay VAT in France, these legislative changes will require you to modify certain processes for transmitting your invoices to your customers (or receiving your supplier invoices).

 


 

 

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