On 4 September 2026, the San Marino Government issued Decree Delegated No. 133, establishing a mandatory electronic invoicing framework for all transactions involving the exchange of goods and services between San Marino economic operators. This measure aligns with the country’s broader digital transformation agenda and aims to enhance VAT compliance, reduce tax evasion, and streamline cross-border trade documentation. The decree enters into force on 1 January 2027, granting taxpayers a transition period to adapt their invoicing systems to the new technical specifications issued by the Tax Office (Ufficio Tributario). The regulation covers both B2B and B2G transactions, requiring the use of a certified interoperable platform for invoice issuance, transmission, and archival. The Tax Office will publish detailed technical annexes defining XML schemas, digital signature requirements, and archival standards by 31 October 2026. Affected businesses must register on the designated portal and complete system integration testing before the go-live date.
Key Takeaways
- Mandatory Digital Invoicing Platform: All resident operators must adopt the government-designated e-invoicing platform or a certified private solution that ensures real-time transmission of invoice data to the Tax Office. Paper invoices will no longer be valid for tax purposes after the transition period.
- Real-Time VAT Reporting: The system enables automatic population of periodic VAT returns, reducing administrative burden and minimizing errors. Taxpayers must ensure their ERP systems integrate with the platform’s APIs by the effective date to avoid filing discrepancies.
- Penalties for Non-Compliance: The decree introduces a tiered penalty regime for late or missing electronic invoices, ranging from €250 to €2,000 per violation, with increased sanctions for repeated offenses. Companies should conduct immediate gap analyses on their current invoicing workflows and engage certified software providers to ensure readiness.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement