E-invoicing compliance and regulatory updates - Greece

Electronic Invoicing Greece

In 2019, Greece adopted the transposition of the Directive 2014/55/EU, making it mandatory for the Central Government to receive e-invoices. Later, in 2020, a regulation concerning the semantic model and architecture of e-invoicing for Business-to-Government (B2G) transactions was adopted. Peppol Bis 3.0 was chosen as the mandatory EN compliant format.

The Interoperability Centre is responsible for receiving all supplier and contractor e-invoices through the certified e-invoice Service Providers and the Peppol network. The Centre routes these invoices to the competent contracting authority. 

Furthermore, the Hellenic Government has instituted a B2G e-invoicing mandate, scheduled for initiation in September 2023. The implementation of this mandate will unfold progressively, contingent upon the specific public administration to which the invoice is directed.

The phased timeline for compliance is as follows:

Key Deadlines:

  1. By the conclusion of 2023, several major public authorities will be mandated to adhere to the electronic invoicing mandate.

  2. Commencing on the 1st of January 2024, all primary-level public administration entities will be obliged to conform to the stipulated e-invoicing regulations.

  3. As of the 1st of June 2024, nearly all public authorities will become subject to the mandatory B2G e-invoicing requirement.

B2B:There is no mandate in Business-to-Business (B2B), but there are regulations working in that direction.

From July 1, 2021, all invoice senders must upload their invoices to a Government platform - myDATA. Following the joint announcement by the Ministry and Independent Authority of Public Revenue (AADE), companies must proceed in a phased manner to the electronic transmission of their documents to myDATA and the interconnection of their cash registers with 'taxisnet' from October 2021. Phases are based on the type of accounting books and annual revenue.

The mandatory transmission of business documents to the myDATA platform began on 1 October 2021 for businesses with double entry accounting books with turnover over 50.000 Eur.

Due to the on-going COVID pandemic, the transmission for remaining businesses and the interconnection of tax mechanisms with AADE was postponed from the original implementation date of 1 July 2021 to 1 Nov 2021 for all companies.

Suppliers within Greece must submit electronic invoices, either through their own connection to the Peppol network, or via an e-invoice service provider such as Basware.

The Greek Public Administration requires e-invoice service providers to have a Peppol certified access point, be certified by AADE, and have successfully performed the necessary operational tests with the General Secretariat for Information Systems of Public Administration (GGPSDD). These requirements also apply to foreign suppliers who have the obligation to appoint a Tax Representative in Greece.


Want to learn more about e-Invoicing compliance?

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

Electronic Invoicing Greece

In 2019, Greece adopted the transposition of the Directive 2014/55/EU, making it mandatory for the Central Government to receive e-invoices. Later, in 2020, a regulation concerning the semantic model and architecture of e-invoicing for Business-to-Government (B2G) transactions was adopted. Peppol Bis 3.0 was chosen as the mandatory EN compliant format.

The Interoperability Centre is responsible for receiving all supplier and contractor e-invoices through the certified e-invoice Service Providers and the Peppol network. The Centre routes these invoices to the competent contracting authority. 

Furthermore, the Hellenic Government has instituted a B2G e-invoicing mandate, scheduled for initiation in September 2023. The implementation of this mandate will unfold progressively, contingent upon the specific public administration to which the invoice is directed.

The phased timeline for compliance is as follows:

Key Deadlines:

  1. By the conclusion of 2023, several major public authorities will be mandated to adhere to the electronic invoicing mandate.

  2. Commencing on the 1st of January 2024, all primary-level public administration entities will be obliged to conform to the stipulated e-invoicing regulations.

  3. As of the 1st of June 2024, nearly all public authorities will become subject to the mandatory B2G e-invoicing requirement.

B2B:There is no mandate in Business-to-Business (B2B), but there are regulations working in that direction.

From July 1, 2021, all invoice senders must upload their invoices to a Government platform - myDATA. Following the joint announcement by the Ministry and Independent Authority of Public Revenue (AADE), companies must proceed in a phased manner to the electronic transmission of their documents to myDATA and the interconnection of their cash registers with 'taxisnet' from October 2021. Phases are based on the type of accounting books and annual revenue.

The mandatory transmission of business documents to the myDATA platform began on 1 October 2021 for businesses with double entry accounting books with turnover over 50.000 Eur.

Due to the on-going COVID pandemic, the transmission for remaining businesses and the interconnection of tax mechanisms with AADE was postponed from the original implementation date of 1 July 2021 to 1 Nov 2021 for all companies.

Suppliers within Greece must submit electronic invoices, either through their own connection to the Peppol network, or via an e-invoice service provider such as Basware.

The Greek Public Administration requires e-invoice service providers to have a Peppol certified access point, be certified by AADE, and have successfully performed the necessary operational tests with the General Secretariat for Information Systems of Public Administration (GGPSDD). These requirements also apply to foreign suppliers who have the obligation to appoint a Tax Representative in Greece.


Want to learn more about e-Invoicing compliance?

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

Archiving

The standard archiving period is 5 year, starting from the end of the year in which the deadline to submit tax return expires.

Archiving does not need to be digital and paper is acceptable. However, legibility and data must be preserved, ensuring the authenticity of the origin and the integrity of content.

Archiving abroad can be accepted as long as certain requirements are adhered to.


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

Basware services currently support the reception of invoices and we are looking to extend our support to the reporting requirements to the local government using the myData platform.

Our supplier portal is translated into Greek, and we can capture data from Greek-invoices.

We support the sending of invoices in Greece.


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

Basware currently has no connections to any interoperability partners in Greece.

Our advice

As many other southern European countries, Greece has now adopted an invoice clearance model.

For buyers with a significant volume, we advise automating the invoice receiving and sending process by connecting to the governmental platform through the Basware Network and our local partner. It avoids manual key-in or downloading from governmental portals.


Want to understand how we can help in your case?

Get in touch with our experts.

Contact us

Electronic Invoicing Greece

In 2019, Greece adopted the transposition of the Directive 2014/55/EU, making it mandatory for the Central Government to receive e-invoices. Later, in 2020, a regulation concerning the semantic model and architecture of e-invoicing for Business-to-Government (B2G) transactions was adopted. Peppol Bis 3.0 was chosen as the mandatory EN compliant format.

The Interoperability Centre is responsible for receiving all supplier and contractor e-invoices through the certified e-invoice Service Providers and the Peppol network. The Centre routes these invoices to the competent contracting authority. 

Furthermore, the Hellenic Government has instituted a B2G e-invoicing mandate, scheduled for initiation in September 2023. The implementation of this mandate will unfold progressively, contingent upon the specific public administration to which the invoice is directed.

The phased timeline for compliance is as follows:

Key Deadlines:

  1. By the conclusion of 2023, several major public authorities will be mandated to adhere to the electronic invoicing mandate.

  2. Commencing on the 1st of January 2024, all primary-level public administration entities will be obliged to conform to the stipulated e-invoicing regulations.

  3. As of the 1st of June 2024, nearly all public authorities will become subject to the mandatory B2G e-invoicing requirement.

B2B:There is no mandate in Business-to-Business (B2B), but there are regulations working in that direction.

From July 1, 2021, all invoice senders must upload their invoices to a Government platform - myDATA. Following the joint announcement by the Ministry and Independent Authority of Public Revenue (AADE), companies must proceed in a phased manner to the electronic transmission of their documents to myDATA and the interconnection of their cash registers with 'taxisnet' from October 2021. Phases are based on the type of accounting books and annual revenue.

The mandatory transmission of business documents to the myDATA platform began on 1 October 2021 for businesses with double entry accounting books with turnover over 50.000 Eur.

Due to the on-going COVID pandemic, the transmission for remaining businesses and the interconnection of tax mechanisms with AADE was postponed from the original implementation date of 1 July 2021 to 1 Nov 2021 for all companies.

Suppliers within Greece must submit electronic invoices, either through their own connection to the Peppol network, or via an e-invoice service provider such as Basware.

The Greek Public Administration requires e-invoice service providers to have a Peppol certified access point, be certified by AADE, and have successfully performed the necessary operational tests with the General Secretariat for Information Systems of Public Administration (GGPSDD). These requirements also apply to foreign suppliers who have the obligation to appoint a Tax Representative in Greece.


Want to learn more about e-Invoicing compliance?

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