Paving the Way for Mandatory e-Invoicing
The Directorate General of Taxes and Domains (DGID) in Senegal is set to introduce mandatory electronic invoicing for all commercial transactions as part of the 2025 Finance Bill. This initiative aims to address tax fraud and enhance compliance across the country’s economic landscape.
While Senegal’s General Tax Code has permitted the use of electronic invoices since 2008, their adoption has largely depended on individual businesses and their trading partners. The upcoming reform signifies a shift towards universal implementation, aligning with DGID’s broader efforts to digitize tax operations.
Leveraging Technology to Strengthen Tax Systems
Senegal has made significant strides in leveraging digital tools to improve its tax administration. Key developments include:
- The implementation of digital platforms for tax filing and payment.
- Enhanced customs and VAT collection systems powered by digital technology.
These advancements create a robust foundation for e-Invoicing and position Senegal to follow the path of neighboring countries like Morocco and Egypt, where similar systems have successfully modernized tax collection and reduced fraud.
This move underscores Senegal’s commitment to aligning with global best practices in tax digitization and fostering a transparent, efficient business environment.