Russians start with electronic invoicing as from 1 January 2012

December 28, 2011  |  Asia, Electronic Invoicing, Europe, Legal

Bo Harald was the first to mention this: On 26 December the Russian Prime Minister Vladimir Putin signed the decree called: “On the forms and rules of filling of documents used in the calculation of the value added tax.” The law comes into force as from 1 January 2012.

The document was discussed several months and is now available on the website the Ministry of Finance and Tax Service:

The Federal Tax Service will approve:

  • the clear and easy to use formats of electronic source documents, which then will be submitted to the tax authority at TCS (Telecommunication channels).
  • a method to correct invoices, to make it easier for companies to switch to e-invoicing.

So from looking at it the Russian Federation will apply a fiscal e-invoicing scheme that has elements similar to those in Latin America, with the difference that you are not (yet) obliged to use e-invoices.

More information (for Russian native speakers)

Related Posts

Comments are closed.