Dominican Republic Implements Mandatory E-Invoicing Regulations Under Decree 587-24

• Dominican Republic introduces new regulations for implementing Electronic Invoicing Law
• Decree 587-24 establishes framework for electronic invoicing, fiscal receipts, and Electronic Invoicing Fiscal System
• Post-clearance e-invoicing model requires invoices to be transmitted to DGII and purchasers
• Implementation starts with large national taxpayers, then extends to other taxpayers
• Law applies to all individuals and entities engaging in transactions in the country
• Decree regulates voluntary period, use of free invoicing software, implementation schedule for state entities, and other obligations for compliance

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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