06.03.2015

The relevant future legislative changes in connection with invoicing and invoicing software

We would like you to inform you regarding the relevant future legislative changes in connection with invoicing and invoicing software.

According to the new provisions of Decree No. 23/2014 issued by the Ministry of National Economy (hereinafter referred to as “Decree”) as of 1 July 2015 for the purpose of tax audits taxpayers are obliged to present the data of invoices preserved in xml format in the defined data structure, while invoices preserved in other electronic format in the defined data structure or in pdf format.

Other significant change in the Decree entering into force only from 1 January 2016 is that the invoicing software should contain a separate, built-in program function called “tax audit data reporting”, which can export the data of the invoices falling into

  • a specific period determined by the starting and closing date of issuance (year, month, day), and
  • a specific number range determined by the starting and closing invoice number.

Should you need more detailed information regarding our news, please do not hesitate to contact us.

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