Transition to electronic invoicing – impelling economic stakeholders to transmit e-invoicing notes to public sector institutions – started back in May 18, 2022 to large and medium-sized companies. It is now time for the final and third phase deployment, dedicated to small and newly established businesses.
This means that, from March 18 on, all services performed on behalf of a public organization will be subject to electronic invoicing – regardless of the size of the company or organization, as well as the amount of the invoice.
“We have to take it one step at a time. Electronic invoicing is a small link in a long chain. Digitalisation is a challenge we must face together” – Marc Hansen, Minister Delegate for Digitalization
The establishment of e-invoicing can appear as a major challenge for some stakeholders, as it requires a new approach of working methods. Marc Hansen wants to be reassuring; he stated that these investments are necessary to then turn fruitful in the long-term, once new work processes are tested and well-implemented. The return on investment promises to be largely positive.
Since 2021, the Ministry of Digitalization, in cooperation with the Chamber of Commerce and the Chamber of Skilled Trades and Crafts, have engaged in communication efforts so as to raise awareness among concerned enterprises. These efforts encompassed the organization of conferences, webinars, trainings, tutorials, or the upload of the dedicated e-invoicing national portal. The latter features all necessary resources and information.
During the last “e-voicing Symposium”, Marc Hansen highlighted the benefits of such an initiative; which are: increased automation of invoice creation, transmission and handling processes, reduced costs, as well as increased speed and efficiency – among others.
Beside, since the launch of this invoicing transition process, over 120.000 electronic invoices have already been sent via Peppol or through the e-invoicing forms offered on MyGuichet.lu. The latter regards a tailored solution for companies that rarely issue invoices to the public sector.
“Through the many exchanges with businesses, our teams have received a lot of encouraging feedback. In particular, many companies have used the move to electronic invoicing to accelerate their digitalisation in general” – Carlo Thelen, Director General (Luxembourg Chamber of Commerce)
Companies that need help or encounter difficulties can call on the House of Entrepreneurship of the Chamber of Commerce to receive support throughout the transition process.