E-invoicing becomes mandatory in Moldova starting September 2014

Thursday 24 July 2014 13:48 CET | News

E-invoicing is to become mandatory in Moldova as a result of a recent decision of the Moldovan Government. 150 public institutions are mandatory connected to the Moldovan e-invoicing platform to receive and automatically process e-invoices.

Moldova Prime Minister Iurie Leanca requested the Moldovan State Tax Inspectorate (STI) to ensure that before September 2014.

The move is set to limit the risk of corruption in the procurement process, increase transparency of public institutions and reduce administrative costs.

The transition to the automated e-invoice will be conducted during July-August by the SE Fiscservinform. Center for Electronic Governance together with the Secretariat of the Economic Council will provide support in the process.

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Keywords: e-invoicing, mandatory e-invoicing, Moldova
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech