VAT in the Digital Age (ViDA): What It Means for Your Business
The EU’s VAT in the Digital Age (ViDA) initiative marks a turning point for tax compliance. By 2028, real-time e-invoicing and digital reporting will be mandatory across all member states.
This isn’t just about following new rules—it’s about transforming how businesses handle compliance, data, and operations.
What is ViDA?
ViDA is the European Commission’s initiative to modernize VAT reporting. Its key goals are:
- Mandatory e-invoicing across the EU by 2028
- Real-time digital reporting for greater transparency
- Simplified cross-border trade with standardized processes
In short, ViDA aims to make VAT reporting more accurate, more transparent, and less burdensome.
The challenge - and the opportunity
For many organizations, ViDA may seem like just another compliance hurdle. But in reality, it’s a chance to:
- Automate manual processes
- Eliminate errors and delays in VAT reporting
- Improve data visibility and decision-making
- Reduce administrative costs
How Semansys helps you prepare
We’ve built our solutions to align directly with ViDA’s requirements—so your business can adapt without disruption:
- Seamless e-invoicing via our certified Peppol Access Point & SMP
- Intelligent XBRL/iXBRL tools for structured, regulator-ready reporting
- Scalable platforms that grow with your business needs
- API-first design for easy ERP and accounting system integration
Who should prepare now
- SMEs and large enterprises managing cross-border VAT
- Finance and compliance teams looking to reduce reporting complexity
- Auditors and advisors supporting clients with digital tax compliance
- ISVs and integrators embedding VAT-ready features into their platforms
Looking ahead
With 2028 fast approaching, organizations that act early will turn compliance into a competitive advantage. At Semansys, we’ll continue to enhance our solutions so you can focus on growth, not regulatory headaches.
