e-Invoicing in Chile

An Electronic Tax Document (DTE) is an electronic document that supports commercial and tax operations, such as invoices, credit and debit notes, dispatch guides, among others, and is legally valid.

• A prior application process is required to be accredited as an electronic issuer.
• Have a digital certificate.
• A copy of each electronic tax document that the taxpayer issues must be sent to the SII.
• In addition to the tax documents issued, Electronic Purchase and Sales Information are required to be submitted monthly to the SII.
• Both the invoice itself and its printed representation must bear a name that certifies that it is electronic.
• It must have an electronic signature (composed of encrypted characters that allow the recipient to verify the authenticity of the origin or the issuer of the invoice, and the integrity of the document).
• It must include the date and time of the electronic signature.
• It must have an SII electronic stamp, which allows the validation of the document.
• The issuer will obtain authorized folio ranges (CAF) to be used when issuing DTEs.

The authenticity of an electronic invoice is verified through the issuer's electronic signature and SII's validation.

In Chile, the most relevant mandatory Documentos Tributarios Electrónicos/Electronic Tax Documents are: Invoices, Non-Affected or Exempt Invoices, Purchase Invoices, Invoice Settlements, Debit Notes, Credit Notes, Dispatch Guides, Export Invoices, Export Credit Notes, and Export Debit Notes.

The electronic invoices in Chile can be claimed by the recipient within a maximum period of 8 days from receipt to the SII. Once the 7 days have elapsed without any action having been taken on the electronic document, it will be understood that the invoice has been irrevocably accepted. In order to consult the information on the invoices claimed, the issuer needs a solution that connects to the SII to keep track of what is happening with its electronic invoices.

If invoices haven't been received from suppliers, the companies cannot review and corroborate the data. If the 8-day period has expired, the SII automatically considers the invoice as valid and incorporates it into the proposed F29 VAT return. Clearly, data inconsistencies with the SII will lead to discrepancies in the F29. 

EDICOM's solution is capable of detecting inconsistencies between the Form F29 and the DTEs received through daily and automated cross-checking of the invoices issued by suppliers to the SII. The solution itself compares information of the invoice in the client's ERP with the invoice data received by the SII to check that it matches. In the case that an invoice is detected in the SII but not the ERP, an alert is issued.

The electronic receipt is the proof of purchase of a good or service received by the final consumer. Each electronic receipt generated must be sent to the SII within a maximum of one hour. In addition to electronic receipts, taxpayers must generate a monthly declaration of purchases and sales, sent by the SII itself to companies for ratification.