Hungary: Mandatory e-invoicing for energy sector beginning January 1, 2025
Applicable to supplies of electricity and natural gas
Government Decree no. 273/2007 (X. 19.) and Government Decree no. 19/2009 (I. 30.) will impose mandatory electronic invoicing (e-invoicing) for the supply of electricity and natural gas to non-private persons beginning January 1, 2025.
The decrees do not provide any mandatory requirements or methods on the form of the electronic invoices (e-invoices). Thus, any of the e-invoicing methods currently accepted by the Hungarian tax authority may be used by taxpayers. However, under the current value added tax (VAT) rules, e-invoices must be electronically archived.
Read an October 2024 report prepared by the KPMG member firm in Hungary