10 years

Government published a new law about e-Invoice on 18 December 2021 and exchanging electronic invoicing will be implemented gradually. Expected timeline of the e-Invoice transmission;

18 May 2022 for large companies (5 months after the law’s entry into force); Balance sheet total: EUR 20 million

Net turnover: EUR 40 million

Number of personnel employed full-time and on average during the financial year: 250 18 October 2022 for medium-size companies (10 months after the law’s entry into force);

Balance sheet total: EUR 4,4 million

Net turnover: EUR 8,8 million

Number of personnel employed full-time and on average during the financial year: 50 18 March 2023 for small and newly created businesses of all sizes (15 months after the law’s entry into force)

Each stage will be mandatory for companies that meet at least 2 of the conditions. In addition, the Luxembourg Registration Duties, Estates and VAT Authority (Administration de l’enregistrement, des domaines et de la TVA – AED) announced that the electronic VAT filing and the VAT payment can be done monthly, quarterly, or annually due to companies/taxable person annual turnover. Electronic VAT filing has been mandated for all VAT-taxable persons and non-VAT taxable legal persons registered for VAT.