The French government has defined a B2B e-reporting obligation that will come into force from 2024-2026. This means that in the future, invoice and accounting data must be transmitted to the tax authorities. The acceptance of electronic invoices will be mandatory for all companies from 2024 onwards. The sending of invoices, on the other hand, depends on the size of the respective company and is therefore
- from 2024 for large companies,
- from 2025 for ETIs and
- from 2026 for SMEs and VSEs mandatory.
Originally, the deadlines were set one year earlier in each case, but the process was pushed back to give affected companies an extended changeover period.
In addition to electronic invoicing for domestic transactions between companies, the French government has also decided to require companies to also transmit invoice and payment data electronically to the tax authorities for subsequent transactions (e-reporting):
- Data on transactions between businesses and consumers (private individuals)
- Data on transactions with foreign companies
- Invoice payment status
The tax authorities plan to provide sustainable support to companies during the introduction, similar to withholding tax.
The platform to be used for this, which is supposed to be equivalent to Chorus Pro, should be able to process up to 3 billion invoices per year. Invoices can be transferred directly or as an excerpt in XML, CSV, JSON, or YAML format.
In our graphic, you can see the scheme that will be implemented starting in 2024. Companies A and B represent large and medium-sized companies that exchange their invoices with each other. Next, the EDI provider, such as INPOSIA, transfers the invoice data to the tax authority. Companies C and D represent micro-enterprises with low invoice volumes that transmit the original invoices via the tax authority so that the tax authority forwards them to the respective invoice recipient.