United Tax Network – The smarter choice

United Tax Network – The Smarter Choice

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France | September 2023 |  delay in the implementation of mandatory e-invoicing and e-reporting

The French government announced a delay in the implementation of mandatory e-invoicing and e-reporting, which was scheduled to start on July 1, 2024.

French companies are required to send their invoices to government agencies in electronic format. However, the rate of paperless business-to-business transactions remains low, generating extra costs for companies.
Article 26 of the 2022 Supplementary Budget Act provides for mandatory electronic invoicing to:

  • enhancing business competitiveness by lessening the administrative burden, reduced payment times and productivity gains resulting from a paperless approach.
  • simplifying VAT reporting obligations by pre-filling the declaration form;
  • improving fraud detection,
  • improving real-time knowledge of business activities.

The new date will be determined in the Finance Act for 2024 after further consultations with stakeholders.