Indonesia: mandatory E-invoicing for ALL taxable enterprises as from 1 July 2016

Indonesia: mandatory E-invoicing for ALL taxable enterprises as from 1 July 2016

June 21, 2016  |  Asia, Compliance, Electronic Invoicing, Government  |  Comments Off on Indonesia: mandatory E-invoicing for ALL taxable enterprises as from 1 July 2016

Since July 2015, the Directorate General of Taxes have been mandating enterprises in the Java and Bali region to use e-invoicing. In addition, it has since then also pointed out to all buyers of goods and services who receive tax invoices, to ensure that the received tax invoice received is an e-invoice (or and e-bill, from the consumer’s perspective).

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FIT Solutions’ e-Transformation is transforming Turkey

June 10, 2016  |  Adoption, Asia, Compliance, Electronic Invoicing, Europe  |  Comments Off on FIT Solutions’ e-Transformation is transforming Turkey

FIT Solutions keeps on being the leading solution partner in e-Transformation® processes of the enterprises in Turkey. The products of FIT, which provides services to 70% of the biggest 2000 enterprises in Turkey.

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World Bank supports and strengthens Bangladesh’ e-procurement efforts

June 10, 2016  |  Asia, Government, Procurement  |  Comments Off on World Bank supports and strengthens Bangladesh’ e-procurement efforts

A new data centre with 200 terra-byte storage capacity will be set up with an additional financing of $10 million that the global agency approved in Washington.

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E-invoicing pilot in Vietnam. The intermediate results are in…

May 24, 2016  |  Adoption, Asia, Compliance, Electronic Invoicing  |  Comments Off on E-invoicing pilot in Vietnam. The intermediate results are in…

By Decision 1209/Q? BTC dated June 23, 2015, the Ministry of Finance decided to start a pilot to use electronic invoices with a validation code from tax authorities for a number of enterprises in Ho Chi Minh City and Hà N?i.

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e-Archiving expands electronic billing in Turkey

May 5, 2016  |  Asia, Compliance, Electronic Invoicing, Europe  |  Comments Off on e-Archiving expands electronic billing in Turkey

Due to the compulsary e-archiving all the bills are generated and stored for a 10 year period. Forwarding can subsequently take place by different methods, depending on the technological capacities of each recipient.

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FIT Solutions: Turkey’s e-Transformation Leader, preferred by SMEs

February 18, 2016  |  Asia, Electronic Invoicing, Europe  |  Comments Off on FIT Solutions: Turkey’s e-Transformation Leader, preferred by SMEs

FIT Solutions continues to act as the leading solution provider for the companies in Turkey in their e-Transformation processes. Providing services to 70% of the top 2000 firms in Turkey, FIT Solutions is also preferred by SMEs.

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E-bookkeeping and e-invoicing obligations expand in Turkey

January 11, 2016  |  Asia, Compliance, Electronic Invoicing, Europe  |  Comments Off on E-bookkeeping and e-invoicing obligations expand in Turkey

The transition to e-bookkeeping can be considered as a major step forward in the decade-long endeavor to bring the Turkish bookkeeping system and accounting profession in line with international best practices.

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China to expand its e-invoicing(e-billing) system NATIONWIDE!

December 14, 2015  |  Adoption, Asia, Electronic Invoicing, Government  |  Comments Off on China to expand its e-invoicing(e-billing) system NATIONWIDE!

China is going to extend its electronic invoice system to nationwide coverage in 2016 to better regulate taxation of online businesses. That is what the Economic Information Daily has reported. The e-invoices will serve as an equivalent to paper ones that provide proof of transactions and taxation.

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The need for permanent monitoring of Russian e-invoicing legislation

October 16, 2015  |  Asia, Electronic Invoicing, Legal  |  Comments Off on The need for permanent monitoring of Russian e-invoicing legislation

In the first quarter of this year, the Russian Federation Tax Service modified the xml structure of certain e-documents. On February 2, Russia rolled out some changes in the legal waybill. Soon afterwards, on 4 March, the modifications to the e-invoice message came into force....

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Taiwan mandates e-receipts (invoices) for food safety and tracebility purposes

September 2, 2015  |  Asia, Compliance, Electronic Invoicing  |  Comments Off on Taiwan mandates e-receipts (invoices) for food safety and tracebility purposes

On 1 January 2016, firms in the meat, dairy products, lunchbox, genetically modified produce, flour and starch industries will also be required to use electronic invoicing. This very same requirement was placed on the oil industry last year, after a series of tainted oil scandals.

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