Mandatory Business-to-Business (B2B) e-invoicing
Greece’s Business-to-Government (B2G) mandate was initiated in September 2023. Following the e-invoicing paradigm in Europe, B2B e-invoicing usually follows in the footsteps of B2G e-invoicing, and this trajectory also now appears to be taking shape in Greece.
The Greek government has started discussions with the European Commission regarding authorisation to commence B2B e-invoicing in the country.
The plans are currently very much in their infancy. There are initial indications that the B2B e-invoicing mandate will be based on annual company turnover, with the requirement for accredited service providers based on the existing structure for reporting to the Greek reporting platform, MyData. Although there are yet no precise indications with respect to the e-invoicing model, it is believed that the MyData platform may be extended to form a centralised clearance model for invoice issuance.
Tungsten Network today assists suppliers and buyers in Greece today by requesting that they attach the legal invoice to the Tungsten Network system following the standard attachment process. We are closely monitoring B2B e-invoicing developments in Greece with a view to confirming how we can assist our Greek market considering these developments.