08.04.23

European Union Council derogation approval

Only a few weeks ago, Kofax’s recent post commented on the European Union’s draft proposal to authorise Romania to mandate B2B e-invoicing in the country.  

And e-invoicing advancements are developing swiftly. The Council of the European Union has now approved this request, authorising Romania to mandate B2B e-invoicing in the country. The timeframes for approval remain the same as previously communicated- i.e., from 1 January 2024 to 31 December 2026, or alternatively, when Digital Reporting Requirements for ViDA come into effect.  

The EU approval can be located via the link below: 

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32023D1553 

The derogation approval represents a significant milestone for Romania’s e-invoicing trajectory. However, while Romania’s e-invoicing mandate is projected for 1 January 2024, this date is certainly not set in stone, and there are already tentative indications that this may be delayed. Kofax is closely monitoring e-invoicing developments in the country.