LATAM e-Invoicing                                                                          Electronic Billing Platform

Global e-Invoicing

Latam e-Invoicing

Electronic billing is widespread in the Latin America region, where more than half of e-invoices exchanged worldwide in 2014, roughly 25 billion, corresponded to Latin America. This region has already become the most advanced in the field in the international scope, due to the fiscal control policies carried out by the different states in the region.

To this end, countries such as Mexico, Chile, Brazil, Ecuador, Argentina, Guatemala or Peru, among others, have implemented compulsory models for electronic issuance and submission of invoices affecting the vast majority of taxpayers.

These electronic billing systems entail a number of complex legal and technical requirements calling for the services of a technology partner specialized in the development of e-invoicing solutions. In certain models, such as those implemented in Mexico or Guatemala, administrations stipulate that billing statements must be submitted through an Authorized Provider.


Mandatory einvoicing  

Mandatory: The vast majority of countries in the Latin American region have imposed to a greater or lesser extent the mandatory use of electronic invoicing as a fiscal control system.

Administrative procedures   Prior administrative procedures: Some countries require application processes, records, certificates, or even communications and file format testing, as prior steps to becoming an electronic invoice issuer or receiver.
Invoice schema   Invoice schema: In most cases the format in which the e-document should be structured is standardized, with XML as the most widely used language.
Tax control codes   Tax Control Codes: Most models include a mechanism which inserts an electronic code into the invoice that makes the document issued valid for tax purposes. These codes are usually issued by what are known as “Authorized Certification Providers”.
electronic signature   Electronic signature: Different e-signature systems are in place to ensure the integrity and authenticity of invoices.
einvoice safekeeping   Safekeeping: Storage of the original e-documents under certain conditions by the transmitter and/or receiver is required.
Print formats   Print formats: Some countries stipulate the mandatory format and details to be included in paper representations of the electronic invoice printout.

White Paper: e-Invoicing situation in Latin America

Global e-Invoicing edicom video



The Spanish Tax agency extends the validations performed on the VAT books declared via SII

As of October 1, 2019, the AEAT will implement the validation requirements for VAT books declared through the SII (Immediate Supply of Information).