The second deadline set in the DGI schedule is December 1st. Within 6 months, companies with income of 15 million IU or more in 2015 will also have to join the mandatory electronic issuance regime. In total, the measure is estimated to affect around 4000 taxpayers, 2000 in each of the phases.
The road to massification
Since 2013, with the updating of DGI Resolution Nº 798/2012, Uruguay's tax agency has pursued the expansion of e-invoicing, following the model of other countries like Mexico or Brazil. In fact, last year it continued to expand the list of taxpayers who must adapt to this system with the publication of Resolution Nº 3012/2015. This regulation sets out the two deadlines for migration foreseen for this year, but also sets a calendar for gradual incorporation up to 2019, which also affects small businesses.
Companies obligated by the DGI from 1 June should have already joined this system, as they risk penalties and surcharges. So, those that have not yet done so should be switching to the new system as soon as possible. It is also advisable for those companies due to meet the December 1 deadline to start their adaptation process now.
To start up e-invoicing, the first step for taxpayers is to apply to the DGI for authorization, through the e-Factura portal. Once the tax agency approves it, they only need to engage the services de un e-invoicing provider and begin issuing CFEs.
To this end, the EDICOM team has developed an e-invoicing platform which is integrated with the company’s management system, so there is no need to modify internal working procedures. Moreover, the solution automates the entire process of generating, sending, declaring and storing invoices, which simplifies tasks and cuts economic costs.