Mandatory e-Invoicing adoption and requirements in Peru
Peru is considered to be one of the countries with one of the most widespread electronic invoicing models in LATAM.
According to Peru’s customs and tax administration (SUNAT), between 230,000 and 300,000 taxpayers, which will represent more than 90% of tax collection, will be required to issue electronic payment receipts or CPEs. The last to be designated as electronic issuers were: mortgage credit service companies, companies with manufacturing activities, construction companies, hotels and restaurants and taxpayers with certain billing structures.
Electronic invoicing in Peru implementation schedule 2019
On October 15, 2018, Superintendency Resolution No. 239-2018 / SUNAT was published in the Official Gazette El Peruano. This regulation stipulates that users of the electronic issuing systems (SEE) designated by SUNAT or chosen for the issuance of their electronic invoices are required to use the SEE-OSE and/or SEE-SOL from the following dates:
- 1 March 2019: Electronic issuers categorized as major contributors or General Sales Tax withholding or collection agents.
- As of January 1, 2019, taxpayers fitting the profile of electronic issuer and principal taxpayers or General Sales Tax withholding or collection agent must issue electronic invoices (CPE) from the first calendar day of the fourth month following the one in which the mentioned qualities concur.
Resolution 312-2018/SUNAT reforms its predecessor, resolution 318-2017/SUNAT, modifying the mandatory implementation dates for e-Invoicing:
- July 1, 2019 for businesses in the financial and insurance system and savings and credit cooperatives that are not authorized to collect resources from the public and are under the control of the Superintendency of Banking, Insurance and Private Administrators of Pension Funds and carry out operations subject to general sales tax.
- January 1, 2020 and affecting all transactions carried out by private pension fund administrators, educational institutions cited in article 67 of the General Education Law, technical vehicle inspection facilities cited in section 4.1 of article 4 of the National Regulation of Technical Vehicle Inspections, companies that provide public land transport service for passengers within the boundaries of national territory, companies that provide public rail passenger transport services, companies that provide the water transport service for goods in national traffic, be it maritime, fluvial or lacustrine, companies that provide air freight cargo service within the limits of national territory, companies that provide special air transport passenger service and or non-regular air passenger transport service.
The e-Invoicing model in Peru
- The electronic invoices are issued through the Electronic Emission Systems (SEE).
- All businesses that are listed as major taxpayers are required to use an OSE (Electronic Services Operator) as of March 1, 2019. Any company that is listed as a main contributor as of January 1, 2019 will have four months to migrate to the OSE model on a mandatory basis.
- The CPE (Electronic Payment Receipt) is implemented on the basis of a UBL (Universal Business Language) format developed from XML structures.
- Registration process in the SOL system as an e-Invoicing issuer and selection of an Electronic Service Provider (PSE).
- Includes use of the Digital Certificate to sign e-invoices and, in this way, guarantee the integrity, security and non-repudiation of e-transactions. Delegated signature by the PSE chosen is also possible.
Automate processes with a global solution
EDICOM offers taxpayers an electronic invoicing solution that automates processes and is adapted to the requirements established by SUNAT. This service transforms data to the required XML schema, guarantees data integrity through electronic signatures and declares the documents to SUNAT.
EDICOM’s platform is prepared to issue electronic documents to SUNAT, to send them to recipients and to receive CPEs on behalf of recipients. Invoices can be issued electronically even if the recipient doesn’t have an EDI solution. The platform recognizes the recipient of the invoice and manages the invoice’s delivery through the channel required for each client depending on who the recipient is.
- For recipients that have an electronic billing solution, partners automatically receive the electronic payment voucher in the XML schema designated by SUNAT. Furthermore, the voucher is prepared to be processed by the recipient’s solution and integrated with its internal management system.
- For recipients that don’t have an electronic billing solution, the invoice is published using the Business@Mail service, a web portal that has high levels of security. Recipients can connect to this portal, consult and download invoices. With this system, the electronic invoice issuer automates 100% of the payment vouchers, which arrive at their destination.
Additionally, the Global E-Invoicing Platform is prepared to issue electronic invoices not only according to the requirements of Peru but can adapt to the requirements of more than 70 countries in the world. Therefore it is a scalable and complete solution for any multinational company.