Fiscalization for B2B cashless transactions, effective from 01 July 2021

Law no. 87/2019 "On the invoice and the turnover monitoring system" has entered into force on 01 January 2021. The first phase of implementation was carried out with companies that had transactions with the government (B2G) while starting from 01 July 2021 the second group that is subject to the obligation to implement this law, is the group of businesses that perform transactions with other businesses without money in cash.

The fiscalization system enables communication with the central invoice platform managed by AKSHI and the tax administration, where at the moment of issuing an invoice, it automatically passes to the central invoice platform through which the purchaser can check, correct and accept the invoice data.

To start issuing electronic invoices, the taxpayer must have provided the necessary infrastructure before the entry into force of the Law. In this case, the taxpayer must:

be provided with an electronic certificate which is generated by AKSHI;
purchase software that enables connection to the central platform from certified providers.

By completing these steps, the taxpayer must make certain software configurations regarding operator data or addresses, as required by law.

For non-implementation of the provisions of this law or any action, omission or violation, which is contrary to the provisions of this law, sanctions and penalties are applied according to the provisions of the law "On tax procedures in the Republic of Albania".