E-invoicing model:
  • Post-clearance (within 72 hours)
Mandatory file format:
  • Local XML
B2G requirements:
  • SIFEN for large companies; – e-kuaita website for small companies
Archiving requirements:
  • 5 Year Period
E-signature:
  • Mandatory

Summary

Navigating the global tax compliance landscape successfully is complex and resource-intensive. Every country has a specific and constantly evolving set of legislated e-invoicing requirements.

Non-compliance, intentional or not, can result in significant financial penalties, business disruption, and reputational damage.

Updates

09.12.22

  • Mandate information
E-invoicing mandate E-invoicing is enjoying increased momentum in South America, and Paraguay is rapidly following the lead of its neighbouring countries with developments in the e-invoicing terrain.  Companies that are on a ‘designated list’ shared by the tax authorities will be obligated to use e-invoicing by 2 January 2023.  Further company lists will form the basis for each phased period, of which there will be 10 stages, found here. The final phase is expected in October 2024.   E-invoicing in Paraguay shares key characteristics with other Latin American states, including the requirement to use an XML format, as well as the obligation for a digital signature.  

03.23.22

  • Mandate information
New revised timeframes published for the implementation of e-invoicing The tax administration in Paraguay (SET) have issued some revised timeframes around e-invoicing in the country. Resolution 105/2021 replaces the former resolution 95/2021, outlining a new proposed schedule. Paraguay aims to implement the e-invoicing mandate in a phased approach, incorporating ten stages, using the National Integrated System of Electronic Invoicing. The new resolution has outlined some key dates: • 1st July 2022- the mandate is expected to start for certain sectors (such as specific retailers, and other businesses who had already been deploying e-invoicing); • 1st October 2024- the last group of taxpayers will take up mandatory e-invoicing; • 1st April 2022- voluntary e-invoicing becomes possible. The timeframes demonstrate Paraguay’s intention to implement e-invoicing across the country over a period of 2 years, allowing affected entities to gradually transition to the new e-invoicing system. The Paraguay tax authorities aim to keep taxpayers informed as to when they should start e-invoicing, via a fiscal mailbox and the SET website.

03.31.21

  • Mandate information
Paraguay plans e-invoicing pilot programme

Paraguay has started The Sistema Nacional de Facturación Electronica Nacional “SIFEN” (National E-Invoice System) in 2018, it was settled as a three-stage project divided as follow:
• 1- Pilot Plan: in which 14th local companies where selected and became the first e-invoices issuers.
• 2- Voluntary Adhesion: started in 2020 and to the date there are almost 200 companies participating in the programme. The companies submit an application to be part of the programme and where selected by the Tax Authorities.
• 3- Generalization: it’s set to start after the finish of stage 2, Tax Authorities will select companies to be included in the SIFEN till all the taxpayers are part of the programme.
Currently Paraguay is at the last part of the stage 2 which implies that the 200 companies have to finish their private systems develops on the last version of the Manual Tecnico V. 150 (Technic Manual) and be ready to operate with e-invoice. It is not required yet that those companies stop using regular invoices.
The pilot programme will test the functionality of a new tool called “E-KUATIA”. This is a free e-invoice tool aimed at physical persons and one-person companies.
More information on the E-KUATIA e-invoicing tool is available on the following website: https://ekuatia.set.gov.py/portal/ekuatia

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