Regulatory updates - Madagascar

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.

2024-07-02

Madagascar plans mandatory e-invoicing for all taxpayers

On 11 June 2024, the Senate adopted amendments to the Finance Law for 2024, bringing the country closer to implementing mandatory e-invoicing.

The PLFR (Portant Loi de Finances Rectificative pour 2024) Bill n° 012/2024, amending the finance law of 2024, was adopted on 11 June 2024.

The Finance Bill states that the Tax Administration will set up an online e-invoicing module, enabling a centralised, structured, harmonised billing system. The purpose is to obtain reliable real-time information and reduce tax fraud. Furthermore, it outlines that the online e-invoicing system will encompass all transactions.

A timeline and details are yet to be disclosed by the Tax Authorities. Before promulgation, the law is subject to constitutional review by the High Constitutional Court.

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