25
Tue, Jun
34 New Articles

Electronic Invoicing in Public Procurement in Hungary

Electronic Invoicing in Public Procurement in Hungary

Hungary
Typography

The Hungarian Public Procurement Act was modified as of 18 April 2019, in order to comply with the provisions of the Directive 2014/55/EU of the European Parliament and of the Council of on electronic invoicing in public procurement.

According to the new provisions, in public procurement procedures contracting authorities are obliged to receive and process electronic invoices upon certain conditions. Those electronic invoices should be processed by the contracting authorities which comply with the European standard on electronic invoicing (i.e. EN 16931-1:2017) and with any of the syntaxes on the list published in the Official Journal of the European Union. In practical terms, this means that if a company submits a tender in a public procurement procedure, it may choose to use electronic invoicing and the contracting authorities must ensure the receipt and processing of invoices electronically. This modification can be seen as a new step in the promotion of electronic administrative procedures in Hungary.

The amendment also affects previous contracts, meaning that even in cases where the contracting authority did not give its written consent, it should accept electronic invoices. In addition, the obligation of the contracting party to prepare annual statistical reports has ceased.

By Levente Csengery, Partner, KCG Partners Law Firm

Hungary Knowledge Partner

Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/

Our Latest Issue