Archive for Latin America
Colombia is the eighth country in Latin America to mandate electronic invoicing. This latest requirement from Colombia comes as no surprise as Colombia has been planning to standardize electronic invoicing for the past decade, starting with decree 1929 in 2007
Read MoreUnder an agreement in partnership with the Inter-American Center of Tax Administrations, Argentina, Brazil and Mexico are unifying certain portions of their processes to simplify cross-border visibility.
Read MoreNow that companies operating in Latin America are looking at as many as 10 new mandates this year, it’s time to critically assess your compliance solution to ensure that these transitions are as seamless as possible.
Read MoreGlobal tableware brand minimizes risks and automates compliance with Mexico’s recent eAccounting (eContabilidad) mandates
Read MoreIn fact, companies should choose a proactive solution that integrates cross-region and cross-division; a solution that has compliance at its core – meaning you’ll never miss an update or opportunity.
Read MoreThe much anticipated news regarding Colombia electronic invoicing has arrived. On November 24, 2015, the Colombia DIAN (tax authority) announced in Decree 2242 that electronic invoicing is mandated for specified companies starting this January 2016.
Read MoreEDICOM also was the first provider authorized to issue electronic invoices (CFDI) by Mexico’s tax administration in 2010. With this new certification, EDICOM has become one of the main companies in the country to provide fiscal electronic data integration services.
Read MoreDue to complaints that online government approval of e-invoices slowed down shipments and supply chain processes, Ecuador revered its approval model – now providing a 24-hour buffer for companies to submit e-invoices. Here’s what companies operating in Ecuador need to know.
Read MoreE-invoicing significantly affects logistics and supply chains operations as well. If managed ineffectively, it can leave trucks parked for days or force buyers to refuse shipments, halting business operations.
Read MoreLATAM fines and penalties can quickly add up. For example, a company that’s missing 10,000 invoices from its electronic archives in Brazil (which is not uncommon) could be facing fines of more than $1 million USD
Read More
