Mandatory Electronic Invoicing in Estonia
Learn how to get your company ready to exchange documents in accordance with Estonia requirements with the support of Comarch
Learn how to get your company ready to exchange documents in accordance with Estonia requirements with the support of Comarch
On May 2, 2024, the Estonian government approved a draft amendment to the Accounting Act aimed at standardizing and simplifying electronic invoicing requirements. If passed, from January 1, 2025, sellers will be required to issue an e-invoice upon a buyer's request. In cases where a buyer asks for an e-invoice and no other format has been agreed upon, the default format will be the European e-invoice standard (EU EN16931). Legislation expected in January 2025 was delayed, but it will be established in July 2025.
The Head of the Financial Information Policy Department emphasized that Estonia will not, however prohibit the use of existing e-invoice formats should the parties agree upon their use.
The government is planning to introduce a centralized database in which businesses will be able to indicate their wish to receive e-invoices. Being included in the database will still allow the businesses to receive conventional invoices, should the affected buyer agree.
There is an obligation to archive received invoices for seven years from the end of the tax year in which they were received. As a rule, the documents should be stored in a machine-readable manner. Paper storage allowed.
Local XML or EN compliant to be used in B2G e-invoicing. By default, the invoices should be drawn up in an EN16931-1 compliant format. However, parties may agree on a different format.
Billberry; E-arveldaja; Finbite; Telema; Unifiedpost.
