E-invoicing requirements in Israel

Explore the latest electronic invoicing, reporting and archival requirements.

Regulations

Electronic invoicing requirements

Banqup Group has a compliant solution in the implementation stages.

‍

Intentions to introduce Continuous Transaction Control

  • Real-Time Approval - the CTC model, invoices must be approved by the ITA in real-time before issuance. A unique identifier, known as the "allocation number," is assigned upon approval. Businesses cannot deduct input VAT without this validated number.

  • Archiving: e-invoices minimum for 7 years.

‍

  • Clearance mandate roll-out based on invoice amount:

    • January 2026 - Invoices exceeding 15k NIS

    • January 2027 - Invoices exceeding 10k NIS

    • January 2028 - Invoices exceeding 5k NIS

E-invoicing requirements in Israel