e-Invoicing in Ecuador

e-Invoicing in ecuador

Electronic Invoice

The SRI (Internal Revenue Service of Ecuador) issued a statement in 2009 regarding the issue of e-documents. In 2014, the country's Internal Revenue Service (SRI) launched a progressive timetable for adoption of e-Invoicing, which required certain businesses and public organizations to join the system. The SRI will appint new subjects obliged to issue electronic invoices and, progressively, it will include new groups of taxpayers in this electronic system.

Through Resolution NAC-DGERCGC18-00000431, the Internal Revenue Service reforms two previous resolutions relating to taxpayers obliged to issue invoices, withholding receipts, referral guides and credit and debit notes through data messages and electronically signed: Resolutions NAC-DGERCGC17-00000430 and NAC-DGERCGC18-00000191.

Tax authority: 

SRI - Internal Revenue Service

Mandatory status

As of June 2014, a progressive rollout process is underway, gradually extending its mandatory use throughout the different sectors. The reform ruling updates the calendar contained in Resolution NAC-DGERCGC18-00000191, which details the start date of the obligation to issue electronic invoices for some taxpayers, starting January 2019 and until January 2023.

Administrative transactions required

Issuers must obtain an e-Certificate and apply to join the issuing system to register for the test and production frameworks.

e-Signature

Invoices must be digitally signed. An XMLDsig format is used to sign the document electronically.

Print format

There is no standardized format for printing out invoices.

Fiscal control

The receipt (invoice) is presented to the Internal Revenue Service (SRI), which returns an authorization number, which is then integrated into the document before sending to the client.

Format

The "COMPROBANTE ELECTRÓNICO" or electronic invoice is a document structured in an XML format standardized by the SRI. In Ecuador, other documents in addition to the invoice are regulated, such as the Credit Note, Debit Note, Remittance and Certificate of Withholdings.

Storage

Mandatory for sender and receiver for a minimum 7-year period.

Links of interest

http://www.sri.gob.ec

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Resources

E-Invoicing in Latin America
This e-book presents all the basic keys to help you manage electronic invoicing in Latin America.

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