24th November, 2020
The French government has proposed an amendment to its 2021 budget plan that introduces mandatory e-invoicing in France, according to amendment no. II-3211.
The amendment proposes to act by way of an ordinance within nine months of publication to: Introduce mandatory e-invoicing via e-invoicing service providers for domestic B2B transactions; and introduce mandatory e-reporting obligation cross-border B2B and domestic B2C transactions.
The new mandate is expected to be implemented in phases:
Receipt of e-invoices
2023: All businesses required to be able to receive e-invoices
Issuance of e-invoices
2023: Large enterprises required to issue e-invoices
2024: Mid-sized enterprises required to issue e-invoices
2025: Small and micro enterprises required to issue e-invoices
Anticipated e-invoicing model
The DGFIP (General Directorate of Public Finances) has studied models from multiple countries, weighing the pros and cons of each model.
In the French approach, service providers must ensure quick and secure interoperability among them so that the businesses can gain operational benefits of the new obligation. In certain cases, such as with micro businesses or the governmental sector, the existing platform Chorus Pro will act as the service provider.