E-invoicing compliance and regulatory updates - Liechtenstein

Electronic Invoicing Liechtenstein

Liechtenstein maintains a post-audit system in which e-invoicing is possible subject to buyer´s consent. For certain e-invoices there is a requirement for the invoice issues to be registered within Liechtenstein.

Since the agreement in 2012 between the Swiss Confederation and the Principality of Liechtenstein about VAT, Liechtenstein assimilates the main regulations of the Swiss VAT Act into its State Law. Even though many areas in Liechtenstein hasn’t adopted all detailed provisions, the Liechtenstein tax authority bases its practice on those that have.

Any means for ensuring I&A of e-invoices are accepted.

Regarding Business-to-Government (B2G), the Principality as part of the EEU, transposed the Directive 2014/55/EU. This makes it mandatory for central, regional and local authorities to receive and process e-invoices above the threshold value according with Art. 49b ÖAWG.

Invoices are accepted in XML format or as PDF.

Want to learn more about e-Invoicing compliance?

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

Archiving

Invoices should be archived for 10 years after the end of the fiscal year. Basware provides compliant invoice archiving in Liechtenstein through the Basware Vault service.

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 supports all methods to receive invoices: paper, portal, PDF, and true e-invoicing. To support electronic invoicing for suppliers that are not suitable for e-invoicing connections, Basware has established native PDF services that are not based on OCR.

When sending, we can deliver invoices as true invoices, via email with attached PDF, on our portal or printed in a neighboring country.

We can capture data from German invoices, and provide both supplier and buyer portals in German. We also offer support in German.

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.

Among others, Basware is connected to IO-Market in Liechtenstein.

Our advice

Liechtenstein allows various invoicing methods: paper, PDF, electronic, and portal key-in invoices.

Electronic invoicing is becoming more common and as a result suppliers are able to send, and customers are able to receive these true electronic invoices.

Adequate enablement campaigns can result in high levels of true electronic invoices. 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. 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