Mandatory tax requirements in Latin America! What NetSuite users need to know.

Did you know that most Latin American countries will ask you for monthly electronic invoices?

Yes, in 2019, every single country in Latin America has adopted electronic invoicing as mandatory. The governments, in order to control what Multi-Latin companies that operate on their countries do, demand a long list of paperwork from them every single month.

Depending on the tax agency of the country you’re located, they’ll give you an specific format for the electronic invoice that must be fulfilled, upload to their portal and approved (numbered) before use.

For a lot of companies, this process becomes very time consuming, especially if it generates a lot of invoices monthly. That’s why a lot of them choose LatamReady.

With the LatamReady SuiteApp the process takes only a few seconds! It connects NetSuite vía Web Services using NetSuite e-Invoicing SuiteApp technology to different companies that share a direct connection with the tax agency of the country they’re located in.

For more information on the LatamReady SuiteApp go to our website or give us a call to + (786) 600 2641.

Published by LatamReady: Oracle NetSuite Partner

Founded in 2009, we have over a decade of experience implementing Oracle NetSuite in multiple industries and helping international corporations unlock growth with the LatamReady SuiteApp, an integrated Tax Compliance solution within Oracle NetSuite for 18+ countries in Latin America, including Brazil, Mexico, Colombia, Chile, Peru, Argentina and more!

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