Regional research was conducted on e-invoicing

By: Trademagazin Date: 2023. 05. 03. 11:22

At the initiative of the Hungarian office of the international business and tax consulting company Grant Thornton, a survey was prepared on the e-taxation practices of the neighboring countries. The results of the survey surprised even the creators: despite digitalization and EU regulatory guidelines, PDF still leads the way when it comes to e-invoicing.

The attitude towards e-invoicing is an important competitive factor, because it saves time and costs, and can also significantly facilitate the invoicing practice between companies. Although the success of Hungarian companies’ export activities does not entirely depend on the practice of invoicing, the related digitalization and automation will be the same technological leap as e-mail once was after the fax. Therefore, according to Grant Thornton specialists, it is worth being aware of what is expected in terms of regulation, so that you can prepare for the challenges in time. This also motivated the related survey of the countries of the region, which yielded surprising results here and there.