Tax Regulations by Country in Latin America

Each country in Latin America has established specific regulations for electronic invoicing. Here is an overview of the main differences:

Guatemala

• Regulatory authority: SAT
• Mandatory requirement since 2021
• Integrated FEL system

El Salvador

• Regulatory authority: Ministry of Finance
• Gradual implementation by sector
• DTE (Electronic Tax Document)

Honduras

• Regulatory authority: SAR
• In effect since 2020
• Centralized system

Nicaragua

• Regulatory authority: DGI
• Progressive implementation
• Requirements updated annually

Costa Rica

• Regulatory authority: Ministry of Finance
• Electronic tax document system
• Defined invoicing standards

Panama

• Regulatory authority: DGI
• RCS system (Separate Accounts Register)
• Integrated invoicing

Dominican Republic

• Regulatory authority: DGII
• Mandatory electronic invoicing
• Centralized system