So far, electronic invoicing is not mandatory in Russia and companies can only opt for it voluntarily. This requires an agreement between the issuer and the recipient. However, the Russian Tax Authority (TA) is committed to making digital invoicing mandatory in the future. In 2017, e-accounting was already expanded to include invoice summaries, which allows the TA to quickly cross-reference e-reports. However, only scanned documents that are subsequently digitally signed are allowed here. This step toward digitization could be an important step forward for the e-invoicing mandate that TA is striving to implement.
The latest findings were announced by the Billentis Report of February 2021. Namely, Russia is very ambitious in its approach to digital transformation and regulation of the document management market and wants to build a national track and trace system. In addition, by the end of 2024, Russia aims to have 95% of invoices and 70% of transport and goods waybills issued in electronic form.