Bolivia: Tax Administration Issues a New Invoicing Regulation

Ramón Frias
November 18, 2021

The Bolivian tax administration of Bolivia (SNI) has issued the Resolution RND-102100000011, which regulates the new invoicing regime of the country. This new provision not only establishes the regulatory framework for electronic invoices, but also for all other types of physical invoices and the conditions for issuance, delivery, validation and archiving of those documents. According to the above-mentioned resolution, there will be four different methods of issuance of electronic invoices allowed in Bolivia:

  • Computerized SFV: This is a temporary system that based on the Virtual Invoicing System (Sistema de Facturacion Virtual) is in the process of being deprecated by the tax administration. These invoices are developed by the taxpayer following the requirements established by the SRI.
  • Electronic Online Invoices: These are the new types of digitally signed electronic invoices issued by the taxpayer using a self-developed solution or a solution procured from an external vendor. The tax administration will allow issuers of small amount of invoices to use a system provided and developed by the tax administration.
  • Computerized Online Invoicing: This system of invoicing is based on an on-premise solution installed in the computer system of the taxpayer. That solution can be procured from an external vendor or developed by the taxpayer, but it should be authorized by the tax administration and use the digital credentials established for this purpose.
  • Web Portal Invoicing: this system will allow the taxpayers to issue electronic invoices using the portal of the tax administration, but it should only be used in cases of contingency.

Under limited circumstances, the following types of non-electronic invoices will be allowed:

  • Manual Invoices: This system of invoicing allows taxpayers to issue invoices by manually writing pre-printed authorized documents. The numbering of these documents should be authorized by the tax administration and it is limited to 300 units per economic activity and branch.
  • Pre valued Invoices: These are physical or online invoices where the price is previously printed or set in the document and can only be used in massive consumption transactions where the identification of the buyer is not necessary.

For the purpose of implementing the Electronic and Computerized invoice system the tax administration of Bolivia has also released the technical documentation required for the generation, validation, and transmission of the XSD and XML documents. This resolution does not establish the specific dates when the use of the new electronic invoicing system will become mandatory. However, it establishes that the SNI will issue particular regulations designating the taxpayers that will be required to issue electronic invoices whether by economic sector, level of income or other criteria established via regulation. Along with that provision, the president of the SNI (director general), has informed that the first ones to be required to comply will be those considered as large taxpayers (GRACO) and those considered as principal taxpayers (PRICO). The GRACO taxpayers will be mandated to migrate to the Electronic or Computerized invoice system by December 1, 2021 (171 in total), while the PRICO taxpayers will be required to start the migration to the online portal of invoicing from the same date.

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Author

Ramón Frias

Ramon is a Tax Counsel on the Regulatory Analysis team at Sovos. He is licensed to practice law in the Dominican Republic and is a member of the Dominican Bar Association. He has a Certificate Degree from Harvard University as well as a J.D. from the Universidad Autonoma de Santo Domingo. Ramon has written a number of essays about tax administration and has won the first prize in the international essays contest sponsored by the Inter American Center of Tax Administrations (CIAT). Prior to joining Sovos, Ramon worked for more than 10 years in the Department of Revenue of the Dominican Republic where he served as Deputy Director. He is proficient in French and Spanish.
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