Argentina Announces New E-Invoicing Mandate Affecting Over 300,000 companies

February 21, 2014

Steve Sprague

Author

Sovos

This blog was last updated on June 27, 2021

Legal requirements for invoicing are constantly changing in Argentina. While they are mandatory for some industries, others are still receiving future timelines from the Argentinean tax authority Administración Federal de Ingresos Públicos (AFIP). Today organizations need to consider solutions for Type E export invoices, as well as the regulations for domestic (Type A and Type B) invoices.

There have been a number of changes in the laws since October 2013 that will affect most multinationals. Initially, the changes were associated to the “sin detail” invoices (i.e. the invoices without detail or line items); however, on December 16, 2013, the AFIP published General Resolution 3571/13, listing the new industry sectors that must transition. April 1, 2014 is the date that companies in the first group must be ready to carry out electronic invoicing. And on August 1, 2014 the last group (group 6) must be ready for compliant e-invoicing.

Argentina e-Invoicing Basics:

The MOST IMPORTANT: The AFIP requires that official document numbers be issued in sequence, so if there is a problem with one particular invoice, subsequent invoices must be placed on hold until the problem is corrected.
Multiple CFD Document Types (export invoice, credit memo, debit memo, etc.)
Real time integration of CFD Summary with Argentina Tax Authority (AFIP)
Export Invoices – cannot release truck for shipment without CAE number
All Invoices, CAE Code and Expiration Date required on printed output.
Mandates for Export Invoices now, Mandates for other CFD Document Types Coming Soon
The supplier should make the XML available within 10 days of receiving the CAE number
Buyers have the ability to validate supplier XML via web services in real-time and batch.

Are you prepared? What is your strategy to stay informed and compliant with these regulations? Subscribe to our blog today.

This is the 4th Latin America country to announce significant changes to their e-invoicing laws in 2014: Argentina, Chile, Brazil, and Mexico have all released changes for this year.

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.

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