Category Archives: Oracle NetSuite

Latin America is a complex region taxwise, each country has its own regulations and that makes multi-latin companies’ situation difficult to deal with. LatamReady worked on this scenario and, as a NetSuite partner, is ready to help out those companies that are struggling in the region. The LatamReady SuiteApp was made to help these bigContinue reading “Goodbye Tax Intensive Countries – Say Hello to Easy Tax Compliance with Oracle NetSuite in Latin America”

As you know, LatamReady is working hard every single day to provide the best experience to our amazing customers in LatAm. Offering E-invoicing? Well, 100% yes! But what about the other factors that have to be taken into consideration when it comes to Latin American tax compliance within NetSuite. Well, as always, grab a snack,Continue reading “THE difference between LatamReady and other Oracle NetSuite solution providers”

The way to collect taxes nowadays is bringing headaches to the finance ministries of Latin America and the world.  According to a report published in March by ECLAC (Economic Commission for Latin America and the Caribbean), Argentina (21%), Colombia (19%) and Uruguay (22%) already charge VAT on digital services platforms such as Netflix, Spotify andContinue reading “How Digital Evolution Influences Latin America’s Tax Compliance System and Why Oracle NetSuite is so Important”

NetSuite is a great business management software for big companies around the world, but what happens when they expand to Latin America? Their standards works but not in an efficient way, that’s when our LatamReady SuiteApp takes control over the situation. We have built specific features to satisfy the needs in the Latin American region;Continue reading “What is LatAm Tax? The Oracle NetSuite experts in Latin America reveal the truth”

When you’re operating in Latin America, here’s the first question that should come to your mind: How can I do accounting and tax reporting easily and successfully?  Today’s topic: multi-booking! You probably heard of multi-booking before but you have no clue about how to deal with it and make your subsidiaries successful in the longContinue reading “Latin American Tax Compliance and Multi-booking: What to expect”

Did you know that the current Deputy of the LVII and LIX Legislatures of the Mexican Congress Alfonso Ramírez Cuéllar is presenting a project to apply taxes to purchases in Amazon, Uber, and Airbnb? If approved, Ramirez stated e-commerce companies, carpooling platforms, and home rental platforms would be subject to the standard 16% VAT chargedContinue reading “The Headache for NetSuite users: Constant Changes in the Tax System in Latin America”

Tax terminology in Latin America represents a big group of words that differs from a country to another. For this reason, in this particular region, tax control can be difficult for Multi-Latin companies. They, therefore, find out that they need the LatamReady SuiteApp in order to succeed in Brazil, Colombia, Mexico, Argentina, and many moreContinue reading “Undressing the E-invoicing concept within NetSuite in Latin America”

To you, international business owners, here is probably the most important aspect when it comes to tax compliance in Latin America: TIME.   The constant changes in support in Latin America, the constant changes in the local tax requirements… if you want to operate in the Latin American region we have to always be up-to-date inContinue reading “Latin American Tax Compliance within NetSuite: The race against time is on!”

One common pitfall: Thinking that Latin American processes can be easily moved into a financial shared service managed exclusively in the US. We can see those big American corporations or just international corporations, in general, are working with shared services. These shared services could be a company or a business unit that is centralizing allContinue reading “Centralizing Latin American tax compliance processes: A step too far? What the NetSuite experts say”