News

Mandatory XML e-invoicing towards Dutch central agencies

Tuesday 5 July 2016 08:37 CET | News

The Dutch Ministry of Economic Affairs has decided that for all contracts signed after 1 January 2017, only accept XML electronic invoices from suppliers will be accepted.

The Dutch government expects the change to eInvoicing to help it save about EUR 10 million, it explained in a letter to Parliament, as well as to reduce bureaucracy, to precent fraud and to simplify government.

More than that, by making e-invoicing mandatory, the Dutch government hopes to encourage other municipalities, provinces and water management organisations to switch as well. As these are not yet obliged to do so.

The two Dutch government standards for electronic invoices are UBL OHNL, for goods and services, and SETU OHNL for temporary staff recruitment. To be subsituted by the new EU TC434 standard (and syntaxes).


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Netherlands, compliance, XML, eInvoicing, government
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech






Industry Events