E-invoicing in Finland is not a new topic, as the Finns have been using e-invoicing since the 1990s. In 2010 B2G (Business-to-Government) e-invoicing became mandatory in Finland.
Public administration institutions must be able to receive electronic invoices and companies must send the so-called e-invoices via national standards. The Finns use their own e-Invoicing standards, such as TEAPPSXML and Finvoice, which are both based on the XML standard, which is required by the European Directive 2015/55/EU. Invoices can also be sent to the administration via the PEPPOL network.
Since April 2020, according to Law 241/2019, private companies in Finland can now also insist on the right to receive invoices in electronic form from their suppliers.
The following specifications were made:
- B2B invoices must comply with EN 16931 and Finnish standards
- Recipients can reject all e-invoices that are in PDF format or do not comply with the XML standard
- Older versions of TEAPPSXML and Finvoice are still accepted because of the Corona Pandemic
This means that from 1 April 2020 the Act will allow public administrations and private companies to require electronic invoices from Finnish suppliers. This means that the Finnish invoice recipient can reject electronic invoices that do not comply with the European standard.