Singapore’s Peppol-based e-invoicing system, launched in May 2025, is voluntary but will become mandatory in phases—starting November 2025 for new GST-registered companies and April 2026 for all new GST registrants. Businesses can use the InvoiceNow platform to transmit e-invoices and report to IRAS. E-invoicing solution providers assist with compliance, document formatting, automation, and data security, supporting both domestic and international trade. Important features to prioritize include strong security, IRAS reporting integration, consistent formatting, system compatibility, scalability, and reliable support. Early adoption enables businesses to ensure compliance, improve efficiency, and reduce future risks.
Singapore Rolls Out Phased Mandatory E-Invoicing
Public
Other countries
Author: Ljubica Blagojević
Category:
General information
Views:
360
Content accuracy validation date:
03.07.2025
Content accuracy validation time:
15:42h
Role of E-invoicing Solution Providers:
E-invoicing solution providers help businesses manage the sending, receiving, and storage of e-invoices, ensuring compliance with Peppol standards and IRAS requirements. A reliable provider assists with document formatting, automates submission to InvoiceNow, ensures data security, and supports international invoicing formats, helping businesses streamline operations and improve payment speed.
Important Features to Look For:
- Strong data security protocols
- Automated digital reporting to IRAS
- Consistent document formatting
- Compatibility with existing systems
- Scalable solutions for growing businesses
- Reliable technical support
Choosing the Right Provider:
Businesses should verify certifications (e.g., IMDA accreditation), test software functionality, check for seamless integrations, assess support services, and ensure scalability for future growth.
Although voluntary for now, e-invoicing is becoming essential for Singaporean businesses. Early adoption allows time to find the best solution, ensuring compliance and operational efficiency. Early preparation reduces the risk of penalties and positions businesses for efficient cross-border trade.
Other news from Other countries
Latvia e-Invoicing Mandate Summary
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Latvia mandates Business-to-Government (B2G) e-Invoicing since January 1, 2025, requiring public sector entities to accept and process e-Invoices compliant with the European Standard. A Business-to-Business (B2B) e-Invoicing mandate starts January 1, 2028, requiring Latvian-registered businesses to submit structured e-Invoice data to the State Revenue Service. There is no real-time reporting syste... Read more
Chile E-invoicing Summary
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Chile introduced e-invoicing in 2001 and has mandated taxpayers to issue electronic tax documents (DTEs) for B2B transactions since 2018. The Chilean Internal Revenue Service (SII) oversees the mandatory system, which requires registration, XML format, digital signature, and storage for 6 years. DTEs include Invoices, Non-Taxable/Exempt Invoices, Purchase Invoices, Invoice Settlements, Debit Notes... Read more
Brazil Updates E-Invoicing Layouts for New Tax System
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
Brazil’s Technical Note 2025.002 v1.20 updates e-invoicing (NF-e/NFC-e v4.00) for the upcoming IBS/CBS tax system. Final XML layouts are due by mid-August 2025, initially for normal regime taxpayers. From January 2026, IBS/CBS fields must be included on invoices, though early use is not legally valid. Taxpayers may be exempt from IBS/CBS in 2026 if they fully meet reporting obligations. Non-compli... Read more
U.S. Complex Digital Sales Tax
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
Sales tax rules for digital goods vary widely by state. Some states tax digital content like eBooks, music, and streaming services (e.g., Texas, Washington), while others generally exempt them (e.g., California, Florida). SST states use standard definitions but apply tax differently. Main challenges include inconsistent definitions, complex sourcing rules, and frequent law changes. Sellers must co... Read more
Colombia’s E-invoicing Requirements
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Colombia's e-invoicing system requires invoices to be validated in UBL 2.1 format by the tax authority, DIAN, before being delivered electronically, in PDF, or paper. The system applies to all B2G, B2B, and B2C transactions and requires 5 years of archived data. The Colombian tax authority must validate all invoices in UBL 2.1 format before the invoice issuer can deliver them electronically, in PD... Read more
Vietnam E-Invoice Updates 2025
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Vietnam's e-invoice regulations were updated in 2025 to improve clarity, align with the amended VAT Law, and enhance tax administration. The new rules began July 1, 2022, for most businesses and will be effective June 1, 2025. E-invoices can be authenticated or unauthenticated, and their purpose includes VAT deduction, direct VAT, e-commerce, cash-register, public property sales, reserve goods sal... Read more
Malaysia's E-Invoicing Mandate: Main Updates for 2026 Rollout
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
Malaysia’s updated e-invoicing guidelines detail requirements for the 2026 rollout. E-invoicing will be mandatory for domestic, cross-border, and e-commerce transactions, including employee-related expenses. From 1 January 2026, it applies to businesses earning over RM 1 million, and from 1 July 2026, to those earning up to RM 1 million. Exemptions include individuals not in business, those earnin... Read more