E-invoicing system under development as part of tax modernization

Lesotho is preparing to implement an electronic invoicing system as part of its broader tax modernization efforts. The initiative is spearheaded by the Revenue Services Lesotho under the Ministry of Finance, with financial and technical support from the African Development Bank.

The e-invoicing system will cover business-to-business, business-to-government, and business-to-consumer transactions. It aims to enhance tax compliance, streamline VAT reporting, and integrate with existing syste…