Review Article Open Access

Electronic Invoicing: More than Just VAT Aspects

Abstract

European legislation facilitates that companies start using electronic invoicing. The aim of the European E-invoice Directive was to introduce some uniform rules regarding VAT throughout the European Union. Some other important legal aspects, such as the probative value of an einvoice, endorsement, e-invoices in bankruptcy proceedings, remain often unexamined. EU Member State law can be construed and interpreted according to the European Directives, for legal issues not covered by the E-invoice Directive. When the security issues are covered, such as the authenticity of the origin and the integrity of the contents (i.e. essential requirements of the E-invoice Directive), so that can be assured that the invoice remains unchanged and readable, e-invoices and paper invoices should have the same legal value.

Edwin Jacobs

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