Technical solution for e-invoicing (real time invoicing)
13/05/22
Indirect Tax Alert, May 2022, Issue 2
Technical solution for e-invoicing (real time invoicing)
The Ministry of Finance has introduced a technical solution for e-invoicing, i.e. for sending data from invoices to the Financial Directorate. The e-invoicing system is covered by a European Union directive and the main aim is to unify electronic invoicing across all EU public sectors. This Directive has been transposed into the Slovak Act on electronic invoicing and stipulates the obligation of state and public sector to accept electronic invoices. The Ministry of Finance is currently preparing a decree, which will define and determine the technical conditions of implementation and the time schedule for implementation in other areas.
The final form of the technical solution will unify each area (G2G, B2G, G2B, B2B, B2C). A public test run of e-invoicing system is planned to start in June 2022. The first area where the introduced technical solution will be used is the Ministry of Finance and the Data Centre of the Ministry of Finance. The start date is planned as 1 September 2022. The final version of the e-invoicing system will be used in this phase, however, the technical solution will continue to be improved to prepare it for use in additional areas. The effective date for the Ministry of Finance, which includes the Financial Directorate, is expected to be 1 January 2023. This only relates to the B2G, G2G and G2B areas. The e-invoicing system will also be used for archiving issued and received public sector invoices, which should lead to increased transparency.
E-invoicing obligations in the B2B and B2C areas are planned to come into effect from 1 January 2024, and will be based on the same technical solution. Therefore, it is possible to start the implementation process now.
The technical solution and the public test run is available for viewing and testing, here: https://web-einvoice-demo.mypaas.vnet.sk/
