Thursday 19th March, 2015

The Federal Administration of Public Revenue (AFIP) has announced that e-invoicing in Argentina will become mandatory for VAT registered firms as from 1st July.

Ricardo Echegaray, head of AFIP, revealed earlier this month that this system will become generalised over the summer. The measures are detailed in General Resolution 3749.
 
The new regulations require that all taxpayers registered for VAT must join the system by 1st July, 2015. This also specifically applies to companies providing pre-paid medical services, privately run public education institutions, rural real estate agencies, those renting property for tourism, art galleries, dealers and traders.

In addition, the legislation is open to making certain exceptions for those with difficulties in implementing e-invoicing, over a period set between 1st April and 31st May.
 
However, this obligation does not include the purchase and sale of personal property or the provision of services that takes place outside the premises, office or establishment.

The massive use of e-invoicing savings will increase, both in the public and private sectors, due to less use of paper and physical infrastructure.