Secure and compliant document exchange

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E-invoicing is a crucial ingredient for turning AP and AR processes into well-oiled machines. However, when you send and receive e-invoices globally, you must follow rules around e-invoicing and tax compliance that can differ among countries.

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Logiq is a Nordic EDI service provider with global reach, and we can help you integrate with your trading partners worldwide through a secure and compliant document exchange. Through our own expertise and partnerships with tax- and compliance experts, we help you connect with confidence.

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European standards and directives

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Directive 2014/55/EU officially came into force in 2019, stating that all European public administrations must be able to accept electronic invoices from their suppliers. The aim has been to standardize a common European e-invoicing format, so that any public or private supplier can work with European public administrations seamlessly.

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The European standard on e-invoicing, EN 16931 from 2017, is a cornerstone to standardize electronic invoicing for public procurement across Member States. It establishes a unified semantic data model for e-invoices to ensure interoperability, compatibility and accessibility. The standard allows for national specifications, also called CIUS (Core Invoice Usage Specifications), to adapt to local needs. To ensure compliance with EN16931, businesses in the EU must be able to send (and receive) e-invoices that follow the rules defined in the core invoice or relevant CIUS.

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CTC (Continuous Transaction Controls) and regulated infrastructures

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Companies are facing an increasing complexity in their invoicing as new rules and regulations for digital VAT reporting are implemented by European tax authorities. The new regulations and solutions for digital reporting are implemented independently by each country. However, the common purpose is to ensure the provision of more timely and precise data for the authorities.

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The key to navigate this situation is to understand how the regulations are changing and adapt incrementally as the new regulations and solutions are implemented in countries you do business in.

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Logiq has always strived to stay ahead on behalf of our customers and can offer e-invoicing solutions supporting the regulations in more than 65 countries.