B2G Timeline

Large Companies

It will be mandatory to electronically invoice for large companies as of May 18, 2022.

A large company is defined as one that complies with at least two of the following conditions:

• Has a balance of over 20 million Euros.
• Annual invoicing of over 40 million Euros.
• Over 250 employees (full time)

Medium Companies

It will be mandatory for medium companies to electronically invoice as of October 18, 2022.

To qualify as a medium company at least two of the following conditions must be met:

• Has a balance between 4.4 and 20 million Euros
• Annual invoicing between 8.8 and 20 million Euros.
• Between 50 and 250 employees (full time).

Small companies

Finally, small companies will be given more time to comply with a compliance deadline of March 18, 2023.

Small companies are those that do not meet the above characteristics and meet the following conditions:

• Maximum balance of 4.4 million Euros.
• Annual maximum invoicing of 8.8 million Euros.
• Maximum of 50 employees (full time)

This final date will apply to companies for which at least one of the three characteristics apply.