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On 2 May 2024, the Government of Estonia approved the amendments to the Accounting Act introduced by the Ministry of Finance to use e-invoices for business transactions. This Act aims to standardize and simplify the e-invoicing formalization requirements. Starting from January 2025, all businesses registered as e-invoice receivers in the business register (including all public sector entities) will be able to require suppliers to submit a machine-readable e-invoice. The transaction partners will agree on the original document's format and submission terms. However, the obligation to use the European e-invoice (EN 16931) standard exists by default if the buyer requires the seller...