{"id":13468,"date":"2026-08-31T10:22:55","date_gmt":"2026-08-31T07:22:55","guid":{"rendered":"https:\/\/www.link.com.gr\/?p=13468"},"modified":"2026-08-31T11:54:13","modified_gmt":"2026-08-31T08:54:13","slug":"electronic-invoicing-greece-2026-phase-b","status":"publish","type":"post","link":"https:\/\/www.link.com.gr\/en\/electronic-invoicing-greece-2026-phase-b\/","title":{"rendered":"Electronic Invoicing in Greece 2026: What Changes from 1 October for Businesses in Phase B"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13468\" class=\"elementor elementor-13468\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-02c0c72 e-flex e-con-boxed e-con e-parent\" data-id=\"02c0c72\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0df9be7 elementor-widget elementor-widget-heading\" data-id=\"0df9be7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Electronic Invoicing in Greece 2026: What Changes from 1 October for Businesses in Phase B<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a0da1a5 e-flex e-con-boxed e-con e-parent\" data-id=\"a0da1a5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3506481 elementor-widget elementor-widget-text-editor\" data-id=\"3506481\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\"><a href=\"https:\/\/wrapp.ai\/en\/resources\/mandatory-e-invoicing-greece-october-2026\" target=\"_blank\" rel=\"noopener\"><strong>Electronic invoicing in Greece 2026<\/strong><\/a> enters a new and particularly important stage on <strong>1 October 2026<\/strong>, when the mandatory electronic invoicing framework is extended to businesses and other entities falling under Phase B.<\/p><p class=\"isSelectedEnd\">For businesses affected by the new requirements, this is not simply a change in the way an invoice is issued. The transition requires timely preparation, the selection of the appropriate invoicing method and careful attention to the relevant declaration requirements and deadlines.<\/p><p class=\"isSelectedEnd\">A transitional period will apply from <strong>1 October to 31 December 2026<\/strong>, subject to specific conditions. From <strong>1 January 2027<\/strong>, electronic invoicing will become the exclusive method of issuing invoices for transactions falling within the scope of the mandatory framework.<\/p><p>Below, we explain what businesses need to know, which transactions are affected, how invoices can be issued, what applies to ERP systems, the available tax incentives and the penalties for non-compliance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5c4c903 e-flex e-con-boxed e-con e-parent\" data-id=\"5c4c903\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6651a2b elementor-widget elementor-widget-heading\" data-id=\"6651a2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">When Does Mandatory Electronic Invoicing Begin for Phase B?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d7bacb8 e-flex e-con-boxed e-con e-parent\" data-id=\"d7bacb8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-592f05d elementor-widget elementor-widget-text-editor\" data-id=\"592f05d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">The key dates businesses should keep in mind are:<\/p><ul data-spread=\"false\"><li><strong>1 October 2026:<\/strong> mandatory electronic invoicing begins for businesses falling under Phase B.<\/li><li><strong>1 October \u2013 31 December 2026:<\/strong> transitional period, during which previous invoicing methods may continue to be used in parallel, provided that the relevant conditions are met.<\/li><li><strong>1 January 2027:<\/strong> electronic invoicing becomes the exclusive invoicing method for transactions falling within the scope of the mandatory framework.<\/li><\/ul><p>The transitional period gives businesses additional time to adapt their processes and systems. However, access to this period is subject to specific requirements and should not be interpreted as an automatic extension of the deadline.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1f40577 e-flex e-con-boxed e-con e-parent\" data-id=\"1f40577\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-da00a29 elementor-widget elementor-widget-heading\" data-id=\"da00a29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Which Businesses Are Affected by Phase B of Electronic Invoicing?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-367bf3c e-flex e-con-boxed e-con e-parent\" data-id=\"367bf3c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d60cad7 elementor-widget elementor-widget-text-editor\" data-id=\"d60cad7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">Phase B covers the remaining entities subject to the <strong>Greek Accounting Standards<\/strong> that were not included in Phase A.<\/p><p class=\"isSelectedEnd\">The mandatory electronic invoicing framework applies, among other cases, to:<\/p><ul data-spread=\"false\"><li><strong>B2B transactions<\/strong> between businesses subject to the Greek Accounting Standards,<\/li><li><strong>B2G transactions<\/strong> involving public procurement and other expenditure by General Government entities,<\/li><li>certain transactions involving businesses established outside Greece, subject to the applicable conditions and exceptions.<\/li><\/ul><p class=\"isSelectedEnd\">The specific mandatory electronic invoicing framework does <strong>not apply to B2C retail transactions with private consumers<\/strong>.<\/p><p>For businesses operating in Greece, it is therefore important to determine not only whether they fall within Phase B, but also which of their individual transactions are covered by the new requirements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f5843b6 e-flex e-con-boxed e-con e-parent\" data-id=\"f5843b6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dfbeee3 elementor-widget elementor-widget-heading\" data-id=\"dfbeee3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Can Electronic Invoices Be Issued?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-279afb6 e-flex e-con-boxed e-con e-parent\" data-id=\"279afb6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57f500c elementor-widget elementor-widget-text-editor\" data-id=\"57f500c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">Businesses subject to mandatory electronic invoicing have two main options:<\/p><ol start=\"1\" data-spread=\"false\"><li>the free <strong>timologio \/ myDATAapp applications provided by AADE<\/strong>, or<\/li><li>a <strong>Certified Electronic Invoicing Service Provider (\u03a5\u03a0\u0391\u0397\u0395\u03a3)<\/strong>.<\/li><\/ol><p>The appropriate choice will depend on factors such as the size of the business, the number and complexity of its transactions, its existing accounting and commercial systems and the degree of automation it requires.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-49799f4 e-flex e-con-boxed e-con e-parent\" data-id=\"49799f4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2428e18 elementor-widget elementor-widget-heading\" data-id=\"2428e18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Option 1: Electronic Invoicing through AADE\u2019s timologio and myDATAapp\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-68b41ba e-flex e-con-boxed e-con e-parent\" data-id=\"68b41ba\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f85a17d elementor-widget elementor-widget-text-editor\" data-id=\"f85a17d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">AADE provides businesses with the <strong>timologio<\/strong> application and the <strong>myDATAapp<\/strong> mobile application for issuing and transmitting invoices electronically.<\/p><p class=\"isSelectedEnd\">Their use:<\/p><ul data-spread=\"false\"><li>is <strong>free of charge<\/strong>,<\/li><li>does not require a contract with a private electronic invoicing provider,<\/li><li>does not impose a limit on the number of invoices issued,<\/li><li>can also be used for <strong>B2G transactions<\/strong>.<\/li><\/ul><p class=\"isSelectedEnd\">However, an important procedural requirement must not be overlooked.<\/p><p class=\"isSelectedEnd\">When a business chooses timologio\/myDATAapp for electronic invoicing, <strong>AADE does not automatically submit the relevant declaration on behalf of the business<\/strong>.<\/p><p class=\"isSelectedEnd\">The business itself must submit the <strong>Declaration of Commencement of Electronic Issuance of Documents<\/strong> through myAADE, selecting \u201ctimologio\u201d, within the applicable deadline.<\/p><p>The declaration is required even where the business was already using timologio solely for issuing documents and transmitting data to myDATA.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7cd3c0e e-flex e-con-boxed e-con e-parent\" data-id=\"7cd3c0e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2767306 elementor-widget elementor-widget-heading\" data-id=\"2767306\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Option 2: Electronic Invoicing through a Certified Provider\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d046a2a e-flex e-con-boxed e-con e-parent\" data-id=\"d046a2a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-838dc2e elementor-widget elementor-widget-text-editor\" data-id=\"838dc2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">The second option is to use a <strong>Certified Electronic Invoicing Service Provider (\u03a5\u03a0\u0391\u0397\u0395\u03a3)<\/strong>.<\/p><p class=\"isSelectedEnd\">In this case:<\/p><ul data-spread=\"false\"><li>The business enters into an agreement with a certified Provider,<\/li><li>The service is provided for a fee,<\/li><li>The Provider\u2019s solution may be integrated with the company\u2019s ERP and other business applications,<\/li><li>The Provider submits the relevant declaration to AADE.<\/li><\/ul><p class=\"isSelectedEnd\">The Provider must submit the declaration within <strong>10 days from the effective date of the agreement<\/strong>.<\/p><p class=\"isSelectedEnd\">Following submission, the business has <strong>10 days to accept or reject the declaration<\/strong>. If no action is taken within this period, the declaration is deemed to have been accepted.<\/p><p>If the Provider fails to submit the declaration within the required deadline, the obligation may transfer to the business, which must then submit it within the applicable time limit.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c2e18ba e-flex e-con-boxed e-con e-parent\" data-id=\"c2e18ba\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b13272d elementor-widget elementor-widget-heading\" data-id=\"b13272d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Can a Business Continue Issuing Invoices through Its ERP?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b6d2b4f e-flex e-con-boxed e-con e-parent\" data-id=\"b6d2b4f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2e81670 elementor-widget elementor-widget-text-editor\" data-id=\"2e81670\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">This is one of the most important practical issues for businesses already using an ERP system.<\/p><p class=\"isSelectedEnd\">An <strong>ERP system on its own does not constitute an acceptable electronic invoicing method<\/strong> once mandatory electronic invoicing applies.<\/p><p class=\"isSelectedEnd\">Businesses must issue their invoices either:<\/p><ul data-spread=\"false\"><li>Through <strong>AADE\u2019s timologio\/myDATAapp<\/strong>, or<\/li><li>Through a <strong>Certified Electronic Invoicing Service Provider<\/strong>.<\/li><\/ul><p class=\"isSelectedEnd\">An ERP may, of course, continue to form part of the company\u2019s overall accounting and commercial infrastructure and may be integrated with a certified Provider. However, the ERP itself does not replace the mandatory electronic invoicing channel.<\/p><p>During the transitional period, previous invoicing methods may continue to be used in parallel, provided that all conditions for benefiting from the transitional regime have been met.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f85b806 elementor-widget elementor-widget-heading\" data-id=\"f85b806\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Declaration of Commencement: A Deadline Businesses Should Not Overlook<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82f92cd elementor-widget elementor-widget-text-editor\" data-id=\"82f92cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">Choosing the appropriate electronic invoicing solution is only one part of the transition. Particular attention must also be paid to the <strong>Declaration of Commencement of Electronic Issuance of Documents<\/strong>.<\/p><p class=\"isSelectedEnd\">Where a business uses a Certified Provider, the Provider submits the declaration within <strong>10 days from the commencement of the agreement<\/strong>.<\/p><p class=\"isSelectedEnd\">Where the business chooses <strong>timologio\/myDATAapp<\/strong>, the declaration is not submitted automatically by AADE. The business is responsible for submitting it through myAADE within <strong>10 days from the commencement of use for electronic invoicing<\/strong>.<\/p><p>This requirement also applies to businesses that may already be using timologio for issuing documents or transmitting information to myDATA.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fe3ea63 e-flex e-con-boxed e-con e-parent\" data-id=\"fe3ea63\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1cef4ff elementor-widget elementor-widget-heading\" data-id=\"1cef4ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Applies During the Transitional Period?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e664bb2 e-flex e-con-boxed e-con e-parent\" data-id=\"e664bb2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-816d6a3 elementor-widget elementor-widget-text-editor\" data-id=\"816d6a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">For Phase B businesses, the transitional period runs from <strong>1 October to 31 December 2026<\/strong>.<\/p><p class=\"isSelectedEnd\">During this period, previous invoicing methods may be used in parallel with electronic invoicing, provided that:<\/p><ul data-spread=\"false\"><li>the Declaration of Commencement has been submitted on time, and<\/li><li>the commencement date for electronic invoicing is no later than <strong>1 October 2026<\/strong>.<\/li><\/ul><p class=\"isSelectedEnd\">From <strong>1 January 2027<\/strong>, electronic invoicing becomes the exclusive invoicing method for transactions covered by the mandatory framework.<\/p><h4>Example 1: A Business Starts Using timologio on 1 September 2026<\/h4><p class=\"isSelectedEnd\">If a business begins using timologio for electronic invoicing on <strong>1 September 2026<\/strong>, it must submit the relevant declaration within the applicable 10-day deadline.<\/p><p class=\"isSelectedEnd\">It may begin using the application from September and, provided that the conditions are met, benefit from the transitional period until <strong>31 December 2026<\/strong>.<\/p><p class=\"isSelectedEnd\">From <strong>1 January 2027<\/strong>, invoices falling within the mandatory framework must be issued exclusively electronically.<\/p><h4>Example 2: A Business Starts Using timologio on 1 October 2026<\/h4><p class=\"isSelectedEnd\">If a business begins using timologio for electronic invoicing on <strong>1 October 2026<\/strong>, it must submit the relevant declaration within the applicable 10-day deadline.<\/p><p class=\"isSelectedEnd\">The business may benefit from the transitional period until <strong>31 December 2026<\/strong> and, from <strong>1 January 2027<\/strong>, must issue the relevant invoices exclusively through timologio\/myDATAapp or a Certified Provider.<\/p><h4>Can a Business Use More Than One Electronic Invoicing Provider?<\/h4><p class=\"isSelectedEnd\">Yes.<\/p><p class=\"isSelectedEnd\">A business may work with <strong>more than one Certified Electronic Invoicing Service Provider<\/strong>.<\/p><p class=\"isSelectedEnd\">It is also possible, subject to the applicable framework, to use AADE\u2019s applications in parallel.<\/p><p>This can be particularly relevant for businesses with more complex structures, different operational units or invoicing processes that require more than one technological solution.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a23b1e elementor-widget elementor-widget-heading\" data-id=\"1a23b1e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Electronic Invoicing is not only about issuing invoices \u2013 Businesses must also be able to receive them<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2fd83c elementor-widget elementor-widget-text-editor\" data-id=\"d2fd83c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">One point that deserves particular attention is that the electronic invoicing framework does not concern only the issuance of invoices.<\/p><p class=\"isSelectedEnd\">Entities subject to the Greek Accounting Standards must also be able to <strong>accept electronic invoices<\/strong> for B2B and B2G transactions in accordance with the applicable framework.<\/p><p class=\"isSelectedEnd\">The obligation to accept electronic invoices has already been in force since <strong>2 March 2026<\/strong>.<\/p><p class=\"isSelectedEnd\">This means that a Phase B business may already be required to receive and accept electronic invoices even before its own mandatory electronic invoice issuance obligation begins on 1 October 2026.<\/p><p>For this reason, businesses should examine both sides of the process: <strong>issuing and receiving electronic invoices<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b562e36 elementor-widget elementor-widget-heading\" data-id=\"b562e36\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Are There Tax Incentives for Early Adoption of Electronic Invoicing?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb7f685 elementor-widget elementor-widget-text-editor\" data-id=\"bb7f685\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">Yes. Tax incentives have been introduced for businesses in Phase B that adopt <strong>exclusive electronic invoicing early<\/strong>, subject to the requirements and deadlines set out in the relevant legislation.<\/p><p class=\"isSelectedEnd\">Under <strong>Article 71\u0398 of Law 4172\/2013<\/strong> and <strong>Decision A.1129\/2025<\/strong>, the incentives include:<\/p><ul data-spread=\"false\"><li>Full depreciation in the year the expenditure is incurred, of the cost of the initial purchase of equipment and software required for electronic invoicing, with a <strong>100% uplift of the relevant expenditure<\/strong>,<\/li><li>A <strong>100% uplift of expenses relating to the production, transmission and electronic archiving of electronic invoices<\/strong> for the first 12 months.<\/li><\/ul><p class=\"isSelectedEnd\">The relevant conditions for Phase B included the commencement of exclusive electronic invoicing by <strong>3 August 2026<\/strong>.<\/p><p>Businesses considering whether they qualify for these incentives should therefore examine the specific statutory requirements carefully rather than assuming that the incentives apply automatically.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50e1d57 elementor-widget elementor-widget-heading\" data-id=\"50e1d57\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Are the Penalties for Failure to Issue an Electronic Invoice?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e307824 elementor-widget elementor-widget-text-editor\" data-id=\"e307824\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">Failure to issue an electronic invoice through one of the approved methods is treated as a <strong>failure to issue the required tax document<\/strong>, with the corresponding penalties applying.<\/p><h3>Penalties for Transactions Subject to VAT<\/h3><p class=\"isSelectedEnd\">For transactions subject to VAT, the penalty for a first violation is equal to <strong>50% of the VAT attributable to the transaction<\/strong>, subject to minimum penalties of:<\/p><ul data-spread=\"false\"><li><strong>\u20ac250<\/strong> for businesses using a single-entry accounting system,<\/li><li><strong>\u20ac500<\/strong> for businesses using a double-entry accounting system.<\/li><\/ul><p>Higher percentages and minimum penalties may apply in the event of repeated violations, in accordance with the applicable legislation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-afd9262 elementor-widget elementor-widget-heading\" data-id=\"afd9262\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Penalties for Transactions Not Subject to VAT<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28556f6 elementor-widget elementor-widget-text-editor\" data-id=\"28556f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">For transactions that are not subject to VAT, failure to issue the required electronic invoice may result in a penalty of:<\/p><ul data-spread=\"false\"><li><strong>\u20ac500 per tax audit<\/strong> for businesses using a single-entry accounting system,<\/li><li><strong>\u20ac1,000 per tax audit<\/strong> for businesses using a double-entry accounting system.<\/li><\/ul><p>The potential penalties make timely preparation particularly important, especially for businesses with a high volume of B2B or B2G transactions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bed365d elementor-widget elementor-widget-heading\" data-id=\"bed365d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Should Businesses Do Before 1 October 2026?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b15ca41 elementor-widget elementor-widget-text-editor\" data-id=\"b15ca41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">The transition to mandatory electronic invoicing should not be left until the last few days before the deadline.<\/p><p class=\"isSelectedEnd\">Businesses should use the remaining time to:<\/p><ul data-spread=\"false\"><li>Determine whether and to what extent their transactions fall within Phase B,<\/li><li>Choose between <strong>AADE\u2019s timologio\/myDATAapp and a Certified Provider<\/strong>,<\/li><li>Check whether their existing ERP and accounting systems require technical adjustments or integration,<\/li><li>Complete the relevant declaration within the applicable deadline,<\/li><li>Ensure that they can both issue and receive electronic invoices correctly,<\/li><li>Inform and train the employees involved in invoicing and accounting processes,<\/li><li>Review their internal invoicing procedures before the mandatory regime takes full effect.<\/li><\/ul><p>The right solution will not necessarily be the same for every business. Transaction volume, internal processes, existing software and future automation needs should all be considered before a decision is made.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-470b142 elementor-widget elementor-widget-heading\" data-id=\"470b142\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Electronic Invoicing in Greece 2026: Preparation Is Key<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d2b1cb elementor-widget elementor-widget-text-editor\" data-id=\"5d2b1cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\"><strong>1 October 2026<\/strong> is a major milestone in the implementation of mandatory electronic invoicing in Greece.<\/p><p class=\"isSelectedEnd\">For businesses in Phase B, the coming period should be used to make the necessary decisions, test systems and processes and ensure that all declarations and technical requirements have been addressed correctly.<\/p><p class=\"isSelectedEnd\">The transitional period until <strong>31 December 2026<\/strong> provides additional time for adaptation under the applicable conditions. From <strong>1 January 2027<\/strong>, however, electronic invoicing becomes the exclusive method of issuing invoices for transactions falling within the mandatory framework.<\/p><p class=\"isSelectedEnd\">The transition should therefore be treated not simply as another compliance obligation, but as a process that requires proper organisation and timely planning.<\/p><p>At <strong>Link Consulting S.A.<\/strong>, we support businesses in understanding their tax and accounting obligations and preparing for regulatory changes that affect their day-to-day operations. If you would like guidance on how the new electronic invoicing requirements apply to your business, <a href=\"https:\/\/www.link.com.gr\/en\/contact-us\/\"><strong>contact our team to plan the next steps well in advance.<\/strong><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac02453 elementor-widget elementor-widget-heading\" data-id=\"ac02453\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions about Electronic Invoicing in Greece 2026<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-efb18c3 elementor-widget elementor-widget-text-editor\" data-id=\"efb18c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<h3>When does mandatory electronic invoicing begin for Phase B businesses in Greece?<\/h3><p class=\"isSelectedEnd\">Mandatory electronic invoicing for Phase B begins on <strong>1 October 2026<\/strong>. A transitional period applies until 31 December 2026, subject to the relevant conditions, while from 1 January 2027 electronic invoicing becomes the exclusive invoicing method for transactions falling within the mandatory framework.<\/p><h3>Which businesses are included in Phase B of mandatory electronic invoicing?<\/h3><p class=\"isSelectedEnd\">Phase B covers the remaining entities subject to the Greek Accounting Standards that were not included in Phase A. The framework applies to relevant B2B and B2G transactions, as well as certain transactions involving foreign entities under the applicable conditions.<\/p><h3>Can I continue using my ERP to issue invoices?<\/h3><p class=\"isSelectedEnd\">An ERP system alone is not an acceptable electronic invoicing method under the mandatory framework. Businesses must use AADE\u2019s <strong>timologio\/myDATAapp<\/strong> or a <strong>Certified Electronic Invoicing Service Provider<\/strong>. An ERP may continue to be used as part of the company\u2019s infrastructure and may be integrated with a certified Provider.<\/p><h3>Does mandatory electronic invoicing apply to B2C retail transactions?<\/h3><p class=\"isSelectedEnd\">No. The mandatory electronic invoicing framework described here does not apply to retail B2C transactions with private consumers.<\/p><h3>What are the penalties for not issuing an electronic invoice?<\/h3><p>For transactions subject to VAT, a first violation may result in a penalty equal to <strong>50% of the VAT attributable to the transaction<\/strong>, with minimum penalties of \u20ac250 for single-entry and \u20ac500 for double-entry accounting systems. For transactions not subject to VAT, the penalties are \u20ac500 and \u20ac1,000 respectively, per tax audit.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Electronic Invoicing in Greece 2026: What Changes from 1 October for Businesses in Phase B Electronic invoicing in Greece in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":13470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[822,750],"tags":[880,881,1234,1235,792],"class_list":["post-13468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-services-for-businesses","category-highlights","tag-mydata","tag-electronic-invoicing","tag-timologio","tag-tax-compliance-in-greece","tag-aade-integration"],"_links":{"self":[{"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/posts\/13468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/comments?post=13468"}],"version-history":[{"count":12,"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/posts\/13468\/revisions"}],"predecessor-version":[{"id":13484,"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/posts\/13468\/revisions\/13484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/media\/13470"}],"wp:attachment":[{"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/media?parent=13468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/categories?post=13468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.link.com.gr\/en\/wp-json\/wp\/v2\/tags?post=13468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}