PEPPOL IN EUROPE
E-invoicing in Finland
In Finland, based on the e-invoicing act (241/2019) and the implemented European standard 2014/55/EU, all invoices issued to the government have been required to comply with standards for electronic invoicing since April 1, 2021. In the area of B2G invoicing, Finland has achieved impressive results: almost 100% of invoices received by public authorities are in electronic form.
For B2G invoicing in Finland, interoperability and the PEPPOL approach are used. B2G suppliers can use interoperable services with a contracted service provider of the Finnish government or send e-invoices via the PEPPOL network (using PEPPOL access points). Tieke (the Finnish Information Society Development Center) is responsible for e-invoicing for service providers.
For B2B invoicing in Finland, a post-audit model is used. B2B companies with an annual turnover in excess of EUR 10,000 have the right to request e-invoices from their suppliers in accordance with the Finnish e-Invoicing Act 241/2019. These e-invoices must comply with the European standard.
Finland has no state platform, but businesses can choose a private supplier to generate and send invoices. E-invoicing technology providers maintain and update a public database that exchanges information with every public or private entity that has enabled this option.
Invoice formats accepted in Finland are Finvoice 3.0 and TEAPPSXML 3.0. As part of the process of electronic invoice exchange, invoice data can be validated in relation to the European Standard EN16931.
