Servicios de cumplimiento

The Commission General of Kenya has enforced all VAT registered taxpayers to accept e-invoices from registered taxpayers on the Tax Invoice Management System (TIMS) from 1 June 2023. 

 To comply with the electronic Tax Invoice Management System (TIMS), VAT registered businesses are required to record all transactions through an approved Tax Register. Each invoice will have a unique QR code and invoice number generated by the Tax Register before it can be shared with the buyer. 

 The tax authority requires businesses to transmit validated invoices (with QR codes and unique invoice numbers) in real time or near real time. VAT deductions will not be available for invoices that did not clear through TIMS. 

The Goods and Service Tax Network (“GSTN”) issued guidance regarding the E-Invoice Verifier App on 8 June 2023. With this App, e-invoice details can be verified and checked.  

The E-Invoice Verifier App offers the following features and benefits: 

• QR code verification: App users can scan QR codes on e-invoices to authenticate the embedded value, which ensures the invoice is accurate and authentic; 

• This app supports the verification of e-invoices reported across all six IRPs; 

• No login required: Users don’t need to login to use the app, scan invoices, or access available information. 

The following link (see below) provides more details about the application: https://www.gst.gov.in/newsandupdates/read/588. 

In Saudi Arabia, the Integration Phase of the e-invoicing mandate is being implemented in waves starting from January 2023. Currently, taxpayers exceeding 0.5Bn Riyals (Wave 2) are required to integrate their systems with ZATCA’s platform to clear invoices. 

A new timeline for the upcoming waves was announced by ZATCA as follows: 

• Wave 3: 1st October 2023: taxpayers with annual revenue of 250M riyals should comply with the integration phase requirements. 
• Wave 4: 1st November 2023: taxpayers with annual revenue of 150M riyals will join the integration phase.  
• Wave 5: 1st  December 2023, taxpayers with an annual revenue of 100M riyals will join the integration phase.  

Kofax offers an e-invoice attachment service to deliver compliance e-invoicing in Saudi Arabia. With our e-invoicing platform, suppliers can attach their legal e-invoices, and we will send buyers an e-invoicing package that includes the legal e-invoice, Kofax’s PDF (non-tax invoice), and the buyer file for your invoice processing. 

From July 1, 2023, additional details will be required on tax invoices issued for taxable supplies based on the profit margin scheme for selling used vehicles as per ZATCA Governor’s decision (Administrative Resolution No. (63630) dated 25/10/1444 AH). 

In the 2023/24 Budget, Israel confirmed the implementation of an e-invoicing mandate. The mandate will follow a phased approach starting in 2024 according to invoice value. The Ministry of Finance has announced the following schedule: 

• 2024 – mandatory for invoices with value above NIS 25,000 (~USD 6,896) 
• 2025 – mandatory for invoices with value above NIS 20,000 (~USD 5,517) 
• 2026 – mandatory for invoices with value above NIS 15,000 (~USD 4,137) 
• 2027 – mandatory for invoices with value above NIS 10,000 (~USD 2,758)  
• 2028 – mandatory for invoices with value above NIS 5,000 (~USD 1,379) 

The e-invoicing mandate is based on a Clearance Model. Under this model, invoices must be sent to and approved by the Tax Authority in real time. A unique identifier will be assigned by the Authority upon approval. Taxpayers cannot deduct input taxes from invoices without this procedure. 

According to a recent report by IMF (International Monetary Fund, Kuwait), the government should collect more non-oil tax revenues and implement a 5% VAT scheme as the country’s economy has begun to recover from the global pandemic. Additionally, the report recommends levying excise taxes on tobacco and sugary drinks.   

The report recommends investing the collected revenues in renewable energy and transportation. 

The Mexican Tax Authorities have published a revised list of foreign providers of digital services on 12 May 2023. This includes foreign providers who are registered for tax purposes in Mexico as of 30 April 2023. 3 new entities were added to the existing list.       

The e-invoicing landscape in the Dominican Republic has been simmering – and the country has finally delivered some tangible e-invoicing plans for mandate implementation in the country.  

The Electronic Invoicing Law (Ley General de Facturacion Electronica) was enacted on 16 May 2023 and has imposed obligations on a wide scope of taxpayers, including all public and private entities who transfer goods and services.   

 The e-invoicing model is projected to be a post-clearance model, where invoices must be sent concurrently to the Directorate General of Internal Revenue (DGII) and buyers.   

 The roll-out of the mandate is expected to be via phased implementation, in line with the following:  

• Large national taxpayers: within 12 months of effective date  
• Large local and medium taxpayers: within 24 months of effective date  
• Small, micro and non-classified taxpayers within 36 months of effective date.  

 Entities are free to commence e-invoicing earlier if desired.   

Latin America is currently hosting an exciting period where e-invoicing is projected to grow rapidly over the next few years. Kofax will keep you informed of the latest e-invoicing developments in the region. Specifically, you can refer to our dedicated country specific page for further information on e-invoicing in the Dominican Republic.   

The VAT in the Digital Age (ViDA) proposal is still stimulating discussion across the continent with its significant e-invoicing and e-reporting plans, which will dictate the trajectory of the same over the next few years.  

 The Economic and Financial Affairs Council (ECOFIN) will convene to discuss the ViDA proposal on 16 June 2023. Consensus appears to support aligning the e-invoicing and e-reporting procedures, although concerns around timelines have been raised from a practical perspective.   

 The following document outlined by the Council of the European Union provides an outline to steer the main points to be addressed in the meeting:  

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CONSIL:ST_9749_2023_INIT  

 Kofax will follow any meaningful conclusions derived from the meeting.   

On 25 May 2023, the European Parliament’s Economic and Monetary Affairs Committee (ECON) met to discuss the proposals of the VAT in the Digital Age package (ViDA).   

The discussion unearthed some conflicting views with respect to the deadlines proposed by the Commission for e-invoicing. Specific Members of the European Parliament (MEPs) raised the following propositions:    

• postponement of the deadlines by a year to allow a greater adaptation period  
• extension of the deadline for electronic invoicing to 10 working days instead of the 2 working days outlined by the Commission, as this seems more realistic and viable  
• deletion and / or adaptation of the new IBAN requirements.  

 The deadline for political groups to table amendments was 14 June 2023, with an ECON vote scheduled for October 2023.