- The Philippines will require selected taxpayers to use electronic invoicing by March 2026.
- This follows Revenue Regulations 11-2025 and the CREATE MORE law.
- E-invoicing was introduced in 2018 but full implementation has been delayed.
- Pilot testing began in 2022 with limited progress.
- The new rules aim to modernize tax reporting and improve efficiency.
- Concerns exist about the readiness of the Bureau of Internal Revenue’s system.
- The CREATE MORE law removed the original five-year deadline for implementation.
- Certain taxpayers must adopt e-invoicing within one year of RR 11-2025’s effectivity.
- E-invoicing involves automated generation and transmission of invoice data.
- Scanned paper invoices do not qualify as e-invoices.
- The electronic sales reporting system will enable real-time data transfers.
- Concerns remain about compliance challenges due to system readiness.
- A fully automated system is expected to improve efficiency and tax collection.
Source: fiscal-requirements.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.
