For years, the default approach to global compliance has been simple: hire local experts, comply locally, and move on. It’s comfortable, predictable, and for a single market, it works. But the uncomfortable truth is that local expertise is the floor, not the ceiling.
If you’re running a global operation, local compliance is the bare minimum. It keeps you legal, but it doesn’t make you competitive or enable growth. And with mandates like ViDA 2030 set to harmonize e-invoicing across 27+ EU member states, the cost and complexity of managing dozens of local vendors will become unsustainable.
To dig deeper, visit the original article on the Thomson Reuters blog.