Foreign Trade Complement for CFDI Invoices in Mexico
On December 19, 2023, the Tax Administration Service (SAT) launched version 2.0 of the Foreign Trade Complement, which came into effect on January 18, 2024.
Mexico's Tax Administration Service (SAT) is implementing new mechanisms to strengthen tax control over exported goods. In this context, the foreign trade complement for CFDIs will make it easier for the tax authorities to identify exporters and importers more quickly and efficiently.
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Regulations on the Foreign Trade Complement
The regulations regarding the foreign trade complement for CFDI are found in the Federal Fiscal Code, articles 14, 29, and 29-A, the Fiscal Miscellaneous Resolution, rule 220.127.116.11, and the General Rules of Foreign Trade, rules 3.1.34 and 3.1.35.
To address the needs arising from changes in billing and foreign trade systems, a temporary mechanism has been established to comply with the provisions of rule 3.1.34 of the General Rules of Foreign Trade.
What is the Foreign Trade Complement?
The foreign trade complement for CFDI is an annex to the electronic invoice that identifies exporters and importers, along with providing a more detailed description of traded goods. The goal is to enhance security and fiscal control in international operations. Additionally, it represents progress in standardizing electronic documents used in foreign trade and could potentially replace the Electronic Value Voucher (COVE) in the future.
Information Included in the Foreign Trade Complement
CFDI for the export sector must include data related to the type of operation, pediment key, certificate of origin, exporter's number, and exchange rate. This includes the tax identification number of the recipient in their country of residence (e.g., Tax ID in the United States), their address, and a description of the declared package with specific characteristics.
Version 2.0 of the Foreign Trade Complement
On December 19, 2023, the Tax Administration Service (SAT) launched version 2.0 of the Foreign Trade Complement, which came into effect on January 18, 2024. This version designates four fields as mandatory, though no new fields will be added. Detailed information on structure, standards, and catalogs is available in the technical documentation published on the SAT's website.
The most recent update to this complement was on January 18, 2024, when the SAT announced improvements in the 'sequence of original chain (xslt)' and the catalogs 'c_RegimenFiscal' and 'c_Moneda' of the Foreign Trade Complement.
Who Does This Complement Affect?
This complement must be used by taxpayers conducting foreign trade operations, specifically definitive exports with code A1, subject to alienation under Article 14 of the Federal Fiscal Code.
This project is not limited to Mexico; the SAT has established interoperability agreements in the North American Free Trade Agreement (NAFTA) area, which receives over 80% of the country's exports.
Adapting to the Foreign Trade Complement
EDICOM has collaborated with the SAT in developing this CFDI complement for exports. Users of EDICOM's CFDI platform do not need to make any changes, as the solution has automatically adjusted to SAT requirements.
For more information on the new Foreign Trade Complement 2.0, contact us to speak with our specialists and discover how to enhance your processes easily and efficiently.