Chile has defined a robust e-invoicing system through gradual implementation

DTEElectronic Tax Document

Chile is the pioneer in e-invoicing development in Latin America. The model defined by the country in 2005 has served as the basis for the development of other systems in the region. This is a robust, widely tested and well established system, which is gradually spreading, so that by 2018 it will be the only method of issuing billing in the country.

Tax authority: 

SII - Internal Revenue Service

Mandatory status

The competent tax authority in the country (SII - Internal Revenue Service) has defined a plan to extend the compulsory nature of the DTE gradually, in line with the taxpayers’ billing volume. The measure is scheduled to reach 100% of businesses by 2018.

Administrative transactions required

Issuers of e-invoicing must register with the SII. To do so, they must first overcome an application process, which includes the acquisition of an e-certificate used to sign the invoices.

e-Signature

A double signature is required for the DTE: The complete invoice must be signed in XMLDsig format, with the "Electronic Stamp", which is generated from a private key integrated in each Folio Authorization Code de (CAF) used to validate each invoice.

Print format

The printed version of each invoice shall conform to the format standardized by the SII, and include a PDF417 bar code.

Format

The Electronic Tax Document or DTE is a standardized XML document that specifies the information and data structure of each invoice. The taxpayer must also issue monthly billing summaries and declare them to the SII.

Fiscal control

Through the CAF (Folio Authorization Code) the taxpayer manages a unique invoice numbering range previously issued by the Internal Revenue Service (SII). These codes must accompany the e-document, which is forwarded to the final recipient of the invoice or DTE.

Storage

Both sender and receiver must preserve the original DTE for at least 6 years.

Links of interest

http://www.sii.cl/

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