Next Phase of Denmark's Bookkeeping Act: Digital Bookkeeping, E-Invoicing, and SAF-T Starting January 2025

Starting January 2025, Denmark’s next phase of the Bookkeeping Act will require businesses to maintain digital bookkeeping, issue and receive e-invoices, and provide SAF-T format data upon request. These mandates will apply to companies using non-certified accounting systems and will expand to all businesses with an annual turnover exceeding DKK 300,000 by July 2026.