Throughout 2017, Ecuador’s taxpayers will experience new developments related to digitalization. In 2014, the tax agency launched a progressive timetable that required certain companies to use electronic invoicing. That progression is continuing and three new important changes will take place this year.
Undoubtedly, the most prominent modification will be the mandatory use of the new e-invoicing schema. The current model requires businesses to submit their e-invoices to the tax agency in order to be authorized and then they are sent to the receiver. This process limits some of the advantages of electronic invoicing such as simplifying tax compliance and increasing productivity.
This is why the tax agency has created a new complementary offline schema that can also be used during times of contingency. It’s the schema that’s used when the invoice cannot be sent online. Currently, both schemas exist. However, starting in December of 2017, the online model will no longer be valid and companies will have to use the offline model as stated in resolution 0079. The offline model will remove the occurrence of key contingent events that promote the simultaneously issuance of electronic documents to the tax agency and to the receiver. The objective is for authorization to take place immediately.
Another innovation this year is that the tax agency has designated which new companies must use the e-invoice. The tax administration has progressively designated new groups of taxpayers to become part of this electronic regimen. In fact, the last companies to transition to this system did so in 2016. However, it will still be some time before it is known whether other companies still need to transition to this system as well.
A third change is that new documents such as credit and debit notes, tickets, reference guides, and payment receipts will be incorporated into the e-invoicing system as time goes on. This is a significant step forward in terms of digitalizing the public and private sectors.
How to issue an electronic tax document in Ecuador
Edicom is an international leader in electronic invoicing solutions. It has developed a Global E-invoicing platform that allows companies to issue and manage electronic tax documents in an automated manner while complying with the requirements of more than 60 countries around the world, including Ecuador.
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