General information
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
Malaysia Expands E-Invoicing to Mid-Sized Businesses

Malaysia’s IRB launched Phase 3 of its e-Invoicing rollout on July 1, making e-Invoicing mandatory for over 50,000 businesses with annual sales between RM5 million and RM25 million. The free MyInvois e-POS System, previously limited to micro-SMEs, is now available to businesses with sales under RM750,000 (approx. €150,900) helping SMEs simplify operations through integrated sales, inventory, finan... Read more
The Netherlands Prepares for Mandatory E-Invoicing Under EU's VIDA

The Netherlands is preparing to implement the EU's VAT in the Digital Age (VIDA) initiative, which mandates e-invoicing for intra-EU B2B transactions from July 1, 2030. While EU rules focus on cross-border transactions, the Dutch government is considering extending mandatory e-invoicing and real-time digital reporting to domestic B2B transactions as well. Policy consultations are underway, with le... Read more
New VAT Rates Coming to Estonia

Estonia's government confirms a VAT rate increase, starting July 1, 2025, to stabilise public finances and address the country's growing budget deficit. A VAT rate increase that will go into effect on July 1, 2025, has been formally confirmed by the Estonian government. The following adjustments will be made: The standard VAT rate will rise from 22% to 24%. The 9% lower rate will increase to... Read more
Philippines Mandates E-Invoicing for Select Taxpayers by March 2026

The Philippines’ Bureau of Internal Revenue (BIR) will require selected taxpayers to adopt electronic invoicing and sales reporting by March 2026, following Revenue Regulations 11-2025 and the CREATE MORE law. Although e-invoicing was introduced under the 2018 TRAIN Law, full implementation has been delayed, with pilot testing starting in 2022 but showing limited progress. While the new rules are... Read more
Netherlands E-Invoicing: Preparing for Mandatory B2B by 2030

E-invoicing has been mandatory for Dutch public authorities since 2019, with around 1.6 million invoices exchanged annually. B2B e-invoicing is voluntary but requires buyer consent, integrity controls, and seven-year archiving. For B2G, e-invoices must be sent via Peppol using an Organization Identification Number (OIN). Common formats include SI-UBL 2.0 and Peppol BIS 3.0. From July 1, 2030, cros... Read more
Understanding Irish VAT for Business

Irish VAT for Business applies to most goods and services, with a standard rate of 23%. Reduced rates apply to certain sectors, while zero rates apply to exports, intra-EU deliveries, and certain foodstuffs. Registration is mandatory for businesses with turnover over €75,000, and distance sales have a €10,000 threshold. Non-compliance can result in penalties. As an EU member state, Ireland applies... Read more