As of 1 January 2021, issuing electronic invoices for sales and services in Chile is mandatory for taxpayers that invoice electronically. For taxpayers that do not issue electronic invoices, said measure is mandatory as of 1 March 2021.
Electronic invoicing started in 2014 in Chile and was gradually implemented until its completion in 2018. Electronic invoicing is an improvement on innovation that joins this previous effort.
Another obligation that arose is the obligation to specify, on the invoice, the amount that corresponds to 19% of the VAT paid, so it will be possible to know which amount corresponds to taxes.
With this innovation, the trader can send the invoice to consumers via WhatsApp or by email.
Some of the advantages of electronic invoices are:
To achieve this goal, the Internal Revenue Service has provided a free mobile application that issues electronic documents. Users can also choose private electronic invoice providers, of which there are several in the market.
The Global VAT Newsletter focuses on changes in compliance duties in various EU and non-EU countries.
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