Do you want to be an all-powerful businessman while using NetSuite in Latin America? Unblock the true power of NetSuite with LatamReady!
Hello, NetSuite universe, we know the main challenge in Latin America is to reach perfect compliance with your taxes but to defeat all the difficulties you need to first remove the first obstacle. We are talking about the different languages between the countries and most importantly the correct translations and terminology you need to know to get your business growing in Latin America.
Don’t pass this huge opportunity to learn more! Pay attention and keep reading.
Why is it so hard to understand?
In Latin America, each country has its own tax regulations and regardless of the fact that in most countries, Spanish is the native language, each of those countries have different terms ways when referring to the same tax problem. In other words, due to the different dialects of each country, the terminology change generates confusion amongst the Latin American countries themselves and even more for international companies who aren’t familiar with the language.
For example, E-invoicing is a form of electronic billing and is used by negotiating between customers and their suppliers. E.g, to present a document between one another and ensure the terms of their agreements.
In Mexico, the term is ‘comprobantes electronicos fiscales’ and in Colombia is ‘facturas electronicas’. In both countries, it means the same but they don’t use the same word. This happens with way more terms related to tax compliance regulations which are why international companies struggle profusely to understand the terminology when they try to open subsidiaries in different countries within Latin American.
LatamReady can solve every difficulty many companies face. These problems may seem easy to fix…but if you focus on every detail from the beginning you’re going to get confused and maybe conduct irreparable mistakes. We don’t want this to happen, so we created the perfect tool to release you from every kind of tax compliance issues. Imaginable.
LatamReady SuiteApp is an unbreakable shield
As you may know, the LatamReady SuiteApp is an excellent Tax Compliance solution inside the Latin American region within Oracle NetSuite as it is a solution for all the tax compliance issues your subsidiaries inside Latin America needs in order to solve your growing issues on tax calculation, tax determination, and tax rules…etc
LatamReady works tirelessly every day to provide the best tool with the ultimate solution to all international corporations experiencing tax compliance problems. E-invoicing, E-payments, Legal Ledgers, and many other issues that can be dealt with via LatamReady, all within NetSuite!
Be aware and up-to-date with all the changes that are happening regarding tax compliance, not only in Brazil but also Argentina, Mexico, Colombia, and 18+ other countries in the Latin American space. Please check www.latamready.com or feel free to call us at +1-786-600-2641 to avoid more problems!
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