@@ -12,24 +12,18 @@ Legal framework for e-invoicing in Lithuania
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In Lithuania, e-invoicing is regulated under the `Law on Accounting <https://www.e-tar.lt/portal/lt/legalAct/207ad17030a011e78397ae072f58c508 >`_
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and aligned with `EU Directive 2014/55/EU <https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32014L0055 >`_
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- for mandatory :abbr: `B2G ( business-to-government ) ` e-invoicing. Businesses working with public
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- sector entities must use e-invoicing, and invoices must be submitted through the E.sąskaita
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- platform, Lithuania’s centralized invoicing system for public procurement. Lithuania also
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- participates in the Peppol network, enabling seamless cross-border e-invoicing. While B2B
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- e-invoicing is currently optional, its use is encouraged to enhance tax compliance and operational
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- efficiency.
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+ for mandatory :abbr: `B2G ( business-to-government ) ` e-invoicing. Lithuania participates in the
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+ Peppol network, enabling seamless cross-border e-invoicing. While B2B e-invoicing is currently
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+ optional, its use is encouraged to enhance tax compliance and operational efficiency.
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Compliance with Lithuanian e-invoicing regulations
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Odoo invoicing module is fully equipped to meet Lithuania's e-invoicing requirements and ensure
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compliance with local and EU standards. Here is how Odoo ensures compliance:
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- - **Supported formats **: Odoo supports Peppol BIS Billing 3.0 and XML formats required for
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- compliance with E.sąskaita, ensuring e-invoices meet the mandatory standards for public
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- procurement and cross-border transactions. Odoo enables businesses to send e-invoices directly to
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- public entities with Lithuania’s E.sąskaita platform. For international invoicing, Odoo supports
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- the Peppol network.
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+ - **Supported formats **: Odoo supports Peppol BIS Billing 3.0 and XML formats ensuring e-invoices
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+ meet the mandatory standards for public procurement and cross-border transactions.
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- **Secure storage and retrieval **: In compliance with Lithuanian regulations, which require
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invoices to be stored for a minimum of ten years, Odoo securely archives all invoices in a
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tamper-proof system, ensuring they are accessible for audits and tax inspections.
@@ -40,7 +34,6 @@ compliance with local and EU standards. Here is how Odoo ensures compliance:
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.. admonition :: Disclaimer
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This page provides an overview of Lithuanian e-invoicing laws and how Odoo Invoicing supports
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- compliance with the Law on Accounting, E.sąskaita platform, Peppol standards, and other relevant
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- regulations. It does not constitute legal advice. We recommend consulting with a tax advisor or
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- legal professional familiar with Lithuanian e-invoicing regulations to ensure compliance tailored
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- to your specific business needs.
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+ compliance with Peppol standards, and other relevant regulations. It does not constitute legal
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+ advice. We recommend consulting with a tax advisor or legal professional familiar with Lithuanian
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+ e-invoicing regulations to ensure compliance tailored to your specific business needs.
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