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Archive for Asia

Turkey covers a substantial distance in the e-Transformation process

Turkey covers a substantial distance in the e-Transformation process

FIT Solutions, Turkey’s leading e-Transformation enterprise, analyses the conversion created by e-Transformation as follows....

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Introducing SNI: ranked #12 on the Technology Fast 500™ Europe, Middle East & Africa (EMEA).

We are delighted to again welcome an e-invoicing service provider. This time we give the floor to SNI, from Turkey SNI is a computer technology corporation focused on e-invoice, e-ledger , e-archive and other interfaces and technologies. They provide solutions and services that reduce the risk and cost of maintaining compliance. The world's largest companies are their clients, including Adidas , Nike, Puma, Deloitte, Geberit, Alcatel-Lucent, Ferrero, Osram, Hilti, MTU, Schneider, Merck, Tefal and another 300+ large scale companies are running SNI e-invoice.

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India’s big banks plan interbank blockchain platform

January 26, 2017  |  Asia, Cooperation, Interoperability, Payment

The banks involved in the larger pilot, including State Bank of India are working with New York-based startup MonetaGo, which will provide the platform.

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Taiwanese operator Chunghwa wins USD 20 million e-invoicing contract!

January 12, 2017  |  Asia, Electronic Invoicing, Government

Telecompaper and StreetInsider both reported that Taiwanese operator Chunghwa Telecom has won a bid for the ‘Leaping Project of e-Invoice’ from the country’s Fiscal Information Agency within the Ministry of Finance. The contract is worth around TWD 621 million (tax included) for the 2017 – 2020 period.  That is similar to USD 20 million.

Turkey postpones mandatory e-invoicing until 1 July 2017

January 11, 2017  |  Asia, Compliance, Electronic Invoicing

Until July 2017, taxpayers which exceed certain sale volumes, as well as those who import, export, or sell certain commodities. can continue to chose to issue either paper or e-Archive e-invoices

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e-Transformation in Turkey by figures

Approximately 14 million e-Invoices are issued on a monthly basis and digitalized among only the taxpayers within e-Invoice system.

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Turkey: introducing the e-Delivery Note to combat the grey economy

December 9, 2016  |  Adoption, Asia, Compliance, Digitalisation

The commencement date for the implementation of electronic delivery note planned by the Turkish Revenue Administration to combat the grey-economy is 1st of January 2017.

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Turkey: “Export invoices shall be treated and issued as an e-invoice”

In addition to current basic and commercial invoice scenarios existing in today’s legal e-invoicing compliance framework in Turkey, there will also be an export scenario arriving soon.

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>3 million e-invoices were processed in Kazakhstan in the first half of 2016

October 14, 2016  |  Asia, Electronic Invoicing, Europe

The Kazakh State Revenue Committee stated that 116k e-invoices were issued in 2014, 800k in 2015, and more than 3 million e-invoices mid 2016. In 2017 more companies are compelled to start with e-invoicing.

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e-Invoicing and e-Archive Invoicing in Turkey, an update

September 6, 2016  |  Asia, Compliance, Electronic Invoicing, Europe

e-Invoice system is a structure that circulates only among the registered users. The invoice recipient is required to be on the list of registered users of Revenue Administration (GIB) in order to be able to perform e-Invoice transmission.

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