Compliance Complexities Abound in Argentina, Chile and Uruguay

Steve Sprague
September 21, 2016

When it comes to e-invoicing and tax reporting compliance in Latin America, Mexico and Brazil often dominate the discussion as the earliest and most comprehensive to enact such requirements. However, complexities abound throughout Latin America – and Argentina, Chile and Uruguay are no exception.

Argentina already requires some unique processes not frequently seen in the rest of Latin America – most notably its dynamic sequencing, in which invoices are processed in batches. If there is an issue with one single invoice, all those following will not process until the issue is corrected. Now, Argentina is introducing new proforma VAT initiatives, shipping requirements and high volume invoicing processes that make compliance in this country even more complex.

Chile introduced mandatory e-invoicing in 2014, and has quickly ramped up its requirements to span across organizations. From finance to logistics to IT, multinational teams doing business in Chile must ensure that they are prepared to produce and submit 10 separate document types (collectively called “Documentos Tributarios Electrónicos” or DTE), in addition to monthly and annual accounting reports. 

In the past year, Uruguay has developed a more formalized approach to e-invoicing compliance. Previously sending letters to individual companies alerting them to their required status, Uruguay announced new revenue-based mandates that mean any company with revenues greater than greater than $3.1 million USD must already be in compliance, and those with revenues of ~$1.5M USD or greater must meet the December 1, 2016, deadline. Requirements distinct to Uruguay include its daily summary reports and archiving process. Companies are required to file daily reports for all transactions submitted, approved, rejected or canceled, and must maintain archives for 10 years – significantly longer than the six years most Latin American countries require.

Take Action

Contact us to learn more about the complexities and unique compliance requirements in Argentina, Chile and Ecuador.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.


Steve Sprague

Como director comercial, Steve Sprague dirige la estrategia corporativa, las iniciativas de penetración de mercado y de field enablement para el negocio del impuesto sobre el valor añadido global (GVAT) de la empresa. El estilo de liderazgo de Steve se basa en su convicción de que, para que las organizaciones tengan éxito, deben comprometerse e invertir en los tres pilares estratégicos de la empresa: las personas, las prácticas y los productos.
Share This Post

North America Sales & Use Tax
June 5, 2023
Sovos Onboarding: 6 Departments Dedicated to Customer Success

If you are evaluating Sovos, we want you to understand expectations for the customer experience and what teams are there to support you. At Sovos, we have a range of teams ready to support you from the day you sign a contract. Whether it be a customer success representative to review the value you are […]

North America Sales & Use Tax
June 1, 2023
3 Things to Remember if You Get a Sales Tax Notice

Have you ever received a sales tax notice from a state department of revenue? Whether you answered yes or no, there are important things to keep top of mind to help keep your business prepared. Finding out that you have failed to comply with one or more of your sales tax obligations can be startling. […]

EMEA VAT & Fiscal Reporting
May 31, 2023
Bizkaia: What is Batuz LROE?

The Ledger of Economic Operations (Libro Registro de Operaciones Económicas), also known as LROE, is a main compliance element of the Batuz tax control system. This system is under implementation in the province of Bizkaia, located in the autonomous Basque community in Spain. Taxpayers under the Batuz mandate must comply with both TicketBAI and LROE […]

North America Unclaimed Property
May 30, 2023
How to Set Up a Successful Unclaimed Property Program

Unclaimed property compliance can be difficult and overwhelming. Clients often ask what they should be doing to ensure they are compliant with the various laws and regulations. It isn’t easy, especially if you have multiple property types such as checks, credits or customer accounts that have the potential to become unclaimed property in multiple states. […]

North America ShipCompliant
May 30, 2023
How Hold At Locations Improve Your Customers’ Wine Delivery Experience

Direct-to-consumer shipping wine lovers enjoy the convenience of having their favorite vinos shipped to their front door. But what happens when, for whatever reason, they aren’t available to accept their wine deliveries? Whether they aren’t available during the day or they don’t have someone 21 or older available to sign for their package, these challenges […]