E-invoicing compliance and regulatory updates - Denmark

Electronic Invoicing Denmark

The public sector has mandated electronic invoicing since 2005, meaning Business-to-Government (B2G) invoices can be sent as e-invoices. The platform used for e-invoicing is NemHandel, which to some part is also used for Business-to-Business (B2B) transactions on a voluntary basis.

The format used is OIOUBL, based on UBL 2.0, or Peppol BIS 3.

NemHandel is connected to Peppol, meaning it can be used to reach both public organisations and private companies. Peppol is likely to replace NemHandel in the future as the only standard and network.

Regarding digital reporting, the Danish Parliament enacted the Accounting Law for digital accounting systems, on May 19, 2022. This legislation will be implemented progressively in the coming years. As of February 1, 2023, the regulations mandating standard digital accounting practices became effective.

The responsible tax authority in Denmark is The Danish Tax Agency (SKAT).

Want to learn more about e-Invoicing compliance?

Download our Global e-invoicing and Tax Compliance fact sheet here for more information.

Archiving

Generally, invoices must be archived from the year they were received, plus another 5 years.

Want to know more about Basware’s archiving services?

Download our Basware Vault fact sheet here to learn more about our flexible and scalable solution.

Basware Services

All Basware services are supported.

We can capture data from Danish invoices, and we provide supplier and buyer portals in Danish.

Want to find out how we can help in your specific case?

Speak to a member of our team to learn more.

Contact us

Interoperability

At Basware, we are passionate about delivering the benefits of open interoperability to our customers. So, we have partnered with more than 220 e-invoicing networks around the world to ensure the Basware Network remains the largest open commerce network of buyers and suppliers.

Basware has an interoperability agreement with a large number of operators in Denmark:

• B2B Backbone
• CGI
• CSC
• D.U.C
• Handelsbanken
• HubBroker
• IBM
• KMD
• MySupply
• NemEdi
• NEMhandel
• NXM Solutions
• Officient
• Sproom
• True Commerce
• Truelink

Our advice

High levels of true electronic invoices can be obtained with adequate enablement campaigns. We advise both invoice receivers and invoice senders to reach out to their customer/supplier base and discuss the possibility to deliver invoices electronically. This will drive cost reduction, increased automation and improved collaboration.

The Basware Network provides access to a large existing buyer/supplier base in Denmark. Our experts are here to support you in your e-invoicing transformation.

Want to understand how we can help in your case?

Get in touch with our experts.

Contact us