Please Try a Different Browser

You are using an outdated browser that is not compatible with our website content. For an optimal viewing experience, please upgrade to Microsoft Edge or view our site on a different browser.

If you choose to continue using this browser, content and functionality will be limited.

country-icon Israel

07.03.23

Announcing new time plan for the B2B e-invoicing mandate

In the 2023/24 Budget, Israel confirmed the implementation of an e-invoicing mandate. The mandate will follow a phased approach starting in 2024 according to invoice value. The Ministry of Finance has announced the following schedule: 
  • 2024 - mandatory for invoices with value above NIS 25,000 (~USD 6,896) 
  • 2025 - mandatory for invoices with value above NIS 20,000 (~USD 5,517) 
  • 2026 - mandatory for invoices with value above NIS 15,000 (~USD 4,137) 
  • 2027 - mandatory for invoices with value above NIS 10,000 (~USD 2,758)  
  • 2028 - mandatory for invoices with value above NIS 5,000 (~USD 1,379) 
The e-invoicing mandate is based on a Clearance Model. Under this model, invoices must be sent to and approved by the Tax Authority in real time. A unique identifier will be assigned by the Authority upon approval. Taxpayers cannot deduct input taxes from invoices without this procedure. 

Schedule a Free Consultation

Let us show you how we can support your business to send 100% compliant e-invoices in 54 countries. Please provide your details and one of our team will be in touch.

First Name*
Last Name*
Job Title*
Company*
Comments

By submitting this form, you agree to Tungsten Automation terms of use and privacy policy.*