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X-original-commit: 8381d634f7
Signed-off-by: Xavier Platteau (xpl) <xpl@odoo.com>
Signed-off-by: Chiara Prattico (chpr) <chpr@odoo.com>
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Odoo electronic invoicing in Lithuania
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======================================
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Odoo Invoicing is your trusted partner for safe, efficient, and legally compliant e-invoicing
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solutions tailored to Lithuania's regulatory standards.
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Legal framework for e-invoicing in Lithuania
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============================================
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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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Compliance with Lithuanian e-invoicing regulations
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==================================================
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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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- **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.
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- **Automatic VAT calculation and reporting**: Odoo Invoicing automates VAT calculations and ensures
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invoices meet Lithuania’s VAT requirements for both B2G and B2B transactions, reducing the risk of
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non-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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