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Encouraging the Adoption of Electronic Invoices to Accelerate Processes

Encouraging the Adoption of Electronic Invoices to Accelerate Processes


Yesterday the first Business Round on Electronic Invoicing was held. Elieser Tapia

Santo Domingo – More than 288 million electronic tax invoices have been issued and 915 taxpayers are electronic issuers.
As of May 15, 643 taxpayers, which are large companies, will be required to use electronic invoices.

However, only 194 taxpayers are already issuers of these invoices, and 294 are in the application process.

Yesterday, the General Director of Internal Taxes (DGII), Luis Valdez Veras, highlighted the benefits of these invoices and revealed that to date more than 288 million electronic tax receipts have been issued, 915 taxpayers are electronic issuers, around 1,874 taxpayers There are 39 authorized electronic billing service providers in the certification process, of which 25 providers are present at this meeting, and 334 taxpayers are free billers.

Valdez recalled that electronic billing is already a reality in the Dominican Republic.

Its legal framework, Law No. 32-23, supports its mandatory nature, which will mean administrative improvements for companies, a contribution to the environment, greater fiscal validity and transparency.

This information was offered when the DGII and the Chamber of Commerce and Production of Santo Domingo held the “First Business Round on Electronic Invoice.”

At the event, Authorized Service Providers offered technological solutions and tools so that large national taxpayers can use this billing modality within the deadlines established by law.

The Billing Manager of the DGII, Patricia Gil, explained that article 37 of Law number 32-23 established a gradual implementation schedule, which establishes a deadline for each taxpayer depending on their size.

He said that the first taxpayers are the large taxpayers who have until May 15, 2024, followed by the medium ones until May 15, 2025 and the rest before May 15, 2026.

Editorial
Editorialhttps://puntacanatoday.com
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