Electronic invoicing and legal regulation of the use of perspective

Abstract

Many past researchers have paid attention to the environmental and ecological awareness, corporate social responsibility, sustainable development, environmental protection, recycling, and other green topics since early 1970. There are many different possibilities to become green; one of them is paperless, which involves streamlining of documentation processes and operations. In the chapter, the authors reviewed the environment of legal regulation and the application of electronic invoices in EU and EEA countries. The study results showed that the usage of electronic invoicing is driven for business B2B, B2G and government G2G market and are not yet ready to expand to consumer B2C and G2C market. Such requires the development of legal and technical means that supports communications not only among organizations but also with the consumers. EU and EEA countries were classified to three types as having: no legislation, special legislation and any legislation on electronic invoicing. During the study, the actual status was revised in EU and EEA countries by clustering them according to identified legislation background. The object of this study is the revision of legal regulation and their application in two-tier models (B2B, B2G, G2G, B2C, G2C). The authors of the article revise regulation documents on electronic invoicing aiming to investigate the newest trends and provide valuable insights on the topic.