Electronic invoicing guide
Ecuador
Digital reporting requirements
After customs clearance (within 24 hours).
Obligatory
Mandatory for B2B, B2C and B2G.
All VAT-registered businesses, except those considered small businesses in the simplified regime, must issue an electronic invoice for any transaction over USD 4.
Authority
SRI – Internal Revenue Service.
Platform
SRI Platform.
Format
Local XML.
Storage time
7 years.
Reporting and processes
Reporting
This country has no reporting obligations.
Processes
The invoice is declared to the Internal Revenue Service (IRS), which returns an authorization number embedded in the document before sending it to the customer.
The documents are sent to the SRI, which validates and authorizes them. Once validated and authorized, they are sent to the recipient, including the authorization code assigned by the SRI, together with a graphic representation called RIDE. It is important to bear in mind that the recipients must have given their consent to receive electronic invoices. If there is no consent from the recipient or if the recipient expressly requests the printed invoice, issuers must print and deliver the RIDE.
Upcoming legislative changes
For the time being, no legislative changes are foreseen.
Links of Interest and documents
https://www.sri.gob.ec/web/intersri/home
Documents
- Electronic invoices.
- Electronic payments for purchases of goods and services rendered.
- Electronic credit notes.
- Electronic debit notes.
- Electronic withholding tax receipts.
- Electronic payment/transport vouchers.
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