September 19, 2022
France to implement new VAT e-invoicing requirements from 1 July 2024
The new e-invoicing system that is being introduced in France will apply from 1 July 2024. It covers invoices for all transactions between entities subject to VAT issued in electronic form and provides that the data they contain should be transmitted to the tax authority in real-time. The reform follows on from the requirement for e-invoicing for all business relations with the public sector. The French Government states that this reform has four objectives:
The French Agency for State Financial Information Technology published the External specification file for electronic invoicing, which is now also available in English. It contains documents describing the formats for exchanges with the public invoicing portal (or certified third-party platforms) in the context of the extension of e-invoicing to all transactions between entities subject to VAT and e-reporting of international transactions and business-to-customers sales (resulting from final adoption by the Parliament in Article 26 of Amended Finance Bill dated August 16, 2022).
This document specifies the requirements for submission, reception and transmission of e-invoices, retrieving information on the invoice life cycle, and transmission of data to the tax authority in the context of international business-to-business transactions and transactions between businesses and end consumers in France. This document is not a user guide but provides all e-invoicing stakeholders with a functional overview of the target solution for business-to-business exchanges. It also specifies essential points such as formats, the directory and exchange protocols. The agency states that the external specifications are subject to change to comply with subsequent legislation.
This guidance is intended for:
For additional information with respect to this Alert, please contact the following:
Ernst & Young Société d'Avocats, Indirect Tax, Paris