France: E-Invoicing Postponed

On 28 July 2023, the French Ministry of Economy, Finances and Industrial and Digital Sovereignty issued a Press Release that mentioned the date on which electronic invoicing was due to come into effect has been postponed. The French Ministry of Economy noted:

 “As part of these exchanges, it was decided to postpone the entry into force of the system scheduled for 1 July 2024 to give the necessary time for the success of this structural reform for the economy.

 The date of the postponement will be defined as part of the work to adopt the finance law for 2024 with the aim of guaranteeing the 4 million companies concerned a transition to electronic invoicing under the best possible conditions.”

As of 1 July 2024, e-invoicing and e-reporting obligations were to enter into force in France for large companies.

E-invoicing for B2B supplies was due to become mandatory for the following from 1 July 2024:

• All taxable persons due to receive e-invoices;
• Large companies due to issue e-invoices.

From 1 January 2025, e-invoicing was due to become mandatory for the following:

• Medium-sized companies.

From 1 January 2026, e-invoicing was due to become mandatory for:

• Small and medium-sized enterprises and micro-enterprises

The announcement made on 28 July 2023, will cancel the above timelines and the parliament is due to discuss a new timeline.

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