Regarding the e-invoicing requirements in Greece, there have been some recent changes. These include that under the new e-book scheme, taxpayers have several methods to submit their accounting and tax data. One of the options here is to submit the data through a myData-accredited e-invoicing service provider. Although this often involves talk of electronic invoicing, or e-invoicing, this arrangement actually has nothing to do with electronic invoicing.
Accordingly, mandatory e-book reporting is not e-invoicing. This is because e-invoicing refers to the issuance and exchange of invoices in an electronic format. To do this, e-invoices must contain data elements that meet certain legal requirements. This means that e-invoices contain relevant business data that business partners have agreed to in advance.
In contrast, in the e-book scheme in Greece, sellers as well as buyers are required to submit a classification of income and expenses for each item on an invoice based on the VAT regulation. This means that each item on the invoice can be either exempt, assigned 6%, 13% or 24% VAT, etc. Such data is not present in paper or electronic invoices, as these are accounting elements.
Thus, providing this classification and summary is not the same as e-invoicing. Rather, it is a reporting requirement that can be done in several ways. Although the Greek authorities mention e-invoicing in connection with the e-book scheme, it has nothing to do with it.
What data do taxpayers have to report?
In addition to the summary and classification of income and expenses, taxpayers must also report other data not related to invoices. These include accounting entries such as salary slips (wage statements), depreciation and amortization. Such data is generally not included in an invoice or processed by e-invoicing providers. For more information on the exact specifications for e-book reporting, you can also refer to this article by scrolling down further.
Is e-invoicing mandatory?
From this point of view, there is no obligation to issue invoices electronically. The e-book reporting obligation only covers the reporting of accounting data to the myData platform. This means that even if a myData agent is selected to report the bookings, the seller is not under any obligation to actually exchange the e-invoice with the buyer. The seller also does not have to use the selected myData agent to send the e-bill to the buyer. Nevertheless, you can still issue e-invoices in Greece and the e-book scheme does not change any pre-existing e-invoicing obligations in this regard.
So, in summary, the e-book scheme has nothing to do with traditional e-invoicing, and an accredited e-invoicing provider in the context rather describes a method of submitting data to the myData platform. If e-invoicing is indeed the issue in Greece, the new obligations have limited impact on existing regulations and business processes. Thus, taxpayers should be able to continue to use their preferred e-invoicing provider, regardless of whether it is accredited as a myData agent or not.