Electronic Invoicing in Ecuador
Electronic invoicing in Ecuador is in the final stages of its implementation. Initiated in 2014 by the Internal Revenue Service of Ecuador - SRI, the project was completed in November 2022 with the inclusion of 100% of all taxpayers.
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Electronic Invoicing System in Ecuador
The electronic invoicing system in Ecuador follows an emission model called “Offline”. “Comprobantes electrónicos” are the name given to electronic invoices. Electronic invoices are generated and signed through the electronic invoicing platform contracted by the issuer. These electronic invoices are sent to the SRI, which validates and authorizes them. Once validated and authorized, they are sent to the recipient, including the authorization code assigned by the SRI, along with a graphical representation called RIDE. It is important to note that recipients must have given their consent to receive electronic invoices. In case there is no recipient consent, or if the recipient expressly requests the printed invoice, the issuers must print and deliver the RIDE.
Requirements for Becoming an Electronic Invoice Issuer
- Have an electronic signature certificate.
- Have a solution for generating electronic invoices in accordance with the technical requirements of the SRI.
- Be registered with SRI en Línea (Form 361).
- Have a registered debit agreement (Convenio de débito).
Electronic Invoices
Electronic invoices are electronic format tax documents that comply with the legal and regulatory requirements of the SRI.
Types of Electronic Invoices
- Invoices
- Purchase orders for goods and services
- Credit notes
- Debit notes
- Withholding certificates
- Dispatch Avises
Format
Structured file XML format with Digital Signature. XML 1.0.
Storage
Mandatory for both the issuer and recipient to store electronic invoices for 7 years.
Deadlines for New Taxpayers
With the implementation of Resolution No. NAC-DGERCGC22-00000024 on November 29, 2022, the obligation for the last taxpayers affected by the electronic invoicing scheme in Ecuador came into effect. With these final groups, the schedule of taxpayers required to issue electronic invoices is complete.
2021
01/06/2021: Individuals and companies not covered in the previous groups, engaged in transactions with the government for amounts equal to or greater than USD 1,000.00 (one thousand dollars), must issue an electronic invoice for each transaction.
2022
01/01/2022: Individuals and companies, except those under the Simplified Regime established in the Regulations for the Application of the Internal Tax Regime Law and those domiciled in the Galapagos province without a presence in mainland Ecuador, with annual income between USD 200,000.01 (two hundred thousand dollars and one cent) and USD 300,000.00 (three hundred thousand dollars) in the previous fiscal year.
30/11/2022
Transitional Provision of the Organic Law for Economic Development and Fiscal Sustainability after the COVID-19 Pandemic and Resolution No. NAC-DGERCGC22-00000024.
On November 29, 2022, the obligation for the last taxpayers affected by the electronic invoicing scheme in Ecuador came into effect. With these final groups, the schedule of taxpayers required to issue electronic invoices was completed.
- Income tax taxpayers required to invoice.
- Individuals and companies not considered income tax taxpayers but:
-Obliged to invoice, and
-Not obliged to issue sales receipts, withholding, and supplementary documents electronically in the previous mandatory groups.
- Income tax taxpayers qualified as new withholding agents, including new special taxpayers, must issue their electronic withholding certificates in ATS version.
Automatic Solution for Issuing Electronic Invoices
EDICOM has developed an international electronic invoicing platform that allows generating, sending, and storing electronic invoices in accordance with the requirements established by the Internal Revenue Service of Ecuador.
This process is carried out automatically, reducing the time spent on these administrative tasks for businesses. The implementation of electronic invoicing is fast and straightforward. All Ecuadorian taxpayers who wish to can adopt this new electronic system using the services of EDICOM.
