This e-book presents all the basic keys to help you manage electronic invoicing in Latin America.
e-Invoicing in Brazil
NF-e | NFS-e | CT-eNota Fiscal Eletrônica | Nota Fiscal de Serviós Eletrônica | Conheçimento de Trasporte Eletrônico
Along with Mexico, Brazil is the most prolific e-invoice issuer LATAM, and the greatest world power in issuing electronic tax documents through its different e-Invoicing models. These models involve the adoption of differentiated systems for billing companies and end consumers for products and services, while operating with different tax authorities. Brazil has one of the most firmly-established systems worldwide.
Mandatory status
Compulsory for 100% of issuers.Administrative transactions required
A certificate is needed to sign invoices, which is issued after passing a test with the SEFAZ (Ministry of Finance).e-Signature
Obligatory, XMLDsig format.Print format
For the NF-e and CT-e, users must generate the DANFE (Documento Auxiliar da Nota Fiscal Eletrônica) and DACTE (Documento Auxiliar do Conhecimento de Transporte Eletrônico) respectively. These auxiliary documents are printed following a standardized format and must accompany the goods during transport.Fiscal control
Taxpayers must declare the NF-e to the tax administration, SEFAZ, before shipping the goods. CT-e must also be declared to the SEFAZ. The administration issues an authorization code that will be printed on the graphic PDF representation of each e-invoice (DANFE). As for NFS-e, these will be declared to their corresponding town hall.Format
Different e-Invoicing formats, all of them in XML, but with different structures depending on the nature of the item to be billed: - NF-e: Nota Fiscal Eletrônica, used when billing for products. - NFS-e: Nota Fiscal de Servicios Electrónica, when billing for services. - CT-e: Conocimiento de Transporte Electrónico, when billing for specific freight services (e-Waybill).Storage
Mandatory for sender and receiver for a 5-year period.
Latest news
Challenges of e-Invoicing in Mexico and LATAM countries
Electronic invoicing for taxpayers is becoming a mandatory issue for companies throughout the world. The latest study on...
Brazil: SEFAZ no longer supports free NF-e and CT-e portal
In 2017, Brazil’s SEFAZ (Tax Authority) will stop updating the free portal for issuers. The measure has been adopted by the Brazilian tax...
Brazil discards “Non-Registered Financial Invoice”
The “Boleto Financiero No Registrado” (Non-Registered Financial Invoice) will no longer be used in Brazil as of 2017. This tax document, used to...