How does invoicing work in Guatemala?
In 2018, Guatemala introduced a new online electronic invoicing system, known as “FEL” for its Spanish acronym, as mandatory for all Guatemalan taxpayers, including foreign companies operating in the country. This new process has been set up for taxpayers to securely issue invoices and other electronic tax documents (ETD) using online authorization.
To use FEL, you will need to register yourself within the Superintendency of Tax Administration (SAT), with the process requiring you or someone who represents you to be proficient in Spanish.
As a business based in Guatemala, you will be issued a VAT number and be obliged to submit periodic VAT reports, with submissions usually due on a monthly basis.
Source Bizlatinhub
Latest Posts in "Guatemala"
- How the Online Electronic Invoice Regime – FEL of Guatemala works
- New Income Threshold for Small Taxpayers Impacts Consumer Industry Companies’ Tax Strategies
- Guatemala Expands Small Taxpayer Regime: New Income Cap and Benefits for Small Businesses
- Guatemala’s Central Bank Updates VAT Credit Refund Procedures Effective April 2025
- Guatemala has released five new electronic tax documents for simplified tax regimes
