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Chilean SMEs migrate to e-invoicing

Chilean SMEs migrate to e-invoicing 01/08/2016

From today, August 1, electronic invoicing is mandatory for 90,000 new SMEs that earned between 2400 UF and 100,000 UF last year

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Chile, benchmark country for e-invoicing in Latin America with almost 100,000 companies

Chile, benchmark country for e-invoicing in Latin America with almost 100,000 companies 24/04/2015

A report by the National Association of Financial Institutions (ANIF), highlighting the benefits of electronic invoicing rollout in Colombia, among other countries, places Chile as the benchmark of choice when it comes to using this new system to control tax evasion and the use of “casual labor”.

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The e-acknowledgment as a tool to access tax credit in Chile

The e-acknowledgment as a tool to access tax credit in Chile 18/02/2015

Law 20.727 transforms the relationship between citizens and Administration. Now, any citizen wishing to access a tax credit will have to submit a receipt acknowledgment in electronic format.

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10 keys to understanding e-Invoicing in Chile

10 keys to understanding e-Invoicing in Chile 16/02/2015

The incorporation of electronic invoicing in Chile is giving rise to many doubts and queries among entrepreneurs. These are the ten keys to understanding how it all works and how and when to use this new mandatory billing system in the country.

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Taxpayers to be removed from e-Certification process in Chile if they do not use it in 6 months

Taxpayers to be removed from e-Certification process in Chile if they do not use it in 6 months 04/02/2015

This measure ensures that the user will make continued use of this new and mandatory administrative management system. Should they be expelled, they would need to go through the whole authorization process again before being able to use the e-invoicing service in Chile.

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“I think the way our FE operates is the most successful among all countries sharing the model”

“I think the way our FE operates is the most successful among all countries sharing the model” 19/01/2015

We interview Ricardo Pizarro, Head of Taxpayer Support and Assistance and IRS spokesperson on all electronic invoicing-related issues in Chile, to find out his take on the process and what the State's next steps to facilitate transactions among taxpayers in the B2B age will be.

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96% of transactions in Chile now take place via e-invoicing

96% of transactions in Chile now take place via e-invoicing 23/12/2014

Currently around 70% of big businesses already comply with Law n° 20.727, which rules that all large companies with annual incomes above 100,000 UF, approximately $2,340 million US dollars, may no longer issue documents on paper for tax purposes and are required to take up the new electronic system.

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Latin America at the forefront of electronic invoicing

Latin America at the forefront of electronic invoicing 17/12/2014

We analyse the major developments that have occurred in 2014 in the different countries of Latin America, the region leading e-invoicing internationally.

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e-Invoicing in Chile: a crucial step towards pure B2B

e-Invoicing in Chile: a crucial step towards pure B2B 10/12/2014

Electronic Invoicing is the most challenging business re-engineering project in recent years in Chile. It represents a huge breakthrough in how business cycles are run and an open door to B2B with all its potential.

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Five reasons to implement the Electronic Tax Document

Five reasons to implement the Electronic Tax Document 04/12/2014

Electronic invoicing has a number of advantages for taxpayers. In this article, we outline the main benefits.

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