The implementation, for companies of all sizes, of electronic invoicing and the transmission of transaction data to the administration is in trouble. It was to be carried out gradually from July 1, 2024, but Bercy decided otherwise.
The objective of this reform is presented as “ambitious” is to strengthen the competitiveness of French companies by reducing their administrative burden thanks to the increase in productivity theoretically induced by the dematerialization of procedures. The idea is also to simplify your VAT reporting obligations by pre-filling the returns and better combat tax fraud.
Earning of 4.5 billion euros per year for SMEs
Furthermore, public authorities hope to ensure fair competition while improving their knowledge of the economic fabric. The generalization of electronic invoices could thus represent a long-term gain of 4.5 billion euros per year for small and medium-sized companies.
In process since 2021, and after consultation with professional organizations, it must have private platforms, state partners and a public billing portal. But discussions between Bercy, federations and software publishers took another turn during the first half of 2023.
4 million companies affected
“In the framework of these discussions, it was decided to postpone the entry into force of the system scheduled for July 1, 2024 in order to give the necessary time for the success of this structuring reform of the economy”We explain to the Ministry of Economy. “The postponement date will be defined within the framework of the work to adopt the Finance Law for 2024 with the aim of guaranteeing the 4 million affected companies a transition to electronic invoicing under the best possible conditions.”
Meanwhile, the partner dematerialization platform registration service, opened by the General Directorate of Public Finance at the beginning of May, has begun to examine the first applications received.
“Total social media fan. Travel maven. Evil coffee nerd. Extreme zombie specialist. Wannabe baconaholic. Organizer.”