As of 1 January 2025, Government Decree no. 273/2007 (X. 19.) on the implementation of certain provisions of Act of LXXXVI of 2007 on electricity and Government Decree no. 19/2009 (I. 30.) on the implementation of the provisions of Act of XL of 2008 on natural gas will impose mandatory electronic invoicing for the supply of electricity and natural gas to non-private person.
Consequently, electricity traders, distributors supplying electricity and natural gas, transmission system operators and natural gas distributors will only be allowed to issue electronic invoices to their non-private person customers.
These provisions do not provide any mandatory requirements or methods on the form the electronic invoice takes. Accordingly, the electronic invoicing methods currently accepted by the Hungarian Tax Authority may be used by the taxpayers.
However, it should be noted that the provisions of the Hungarian VAT Act only allow for the electronic archiving of electronic invoices.
As a result of this change, taxpayers purchasing electricity and natural gas as non-private person customers will be required to electronically archive their electricity/natural gas purchase invoices as of 1 January 2025.
KPMG’s experts are happy to support you with the review or implementation of electronic archiving processes and to comply with the relevant regulatory obligations.
