The Venezuelan National Tax Authority (SENIAT) has introduced new guidelines under Administrative Ruling SENIAT/2024/000102 regarding digital invoicing.
The update clarifies rules regarding the issuance of invoices and associated documents, including credit notes, debit notes, and delivery orders, using electronic means.
The ruling applies to both public and private entities authorised by SENIAT that do not need fiscal machines, allowing them to adopt digital invoicing. Entities required to use fiscal machines can still use digital methods for transactions conducted through web portals.
Entities and individuals engaged exclusively in online transactions must implement the digital system for all invoicing and documentation.
To use the system, businesses must seek approval from SENIAT’s National Intendancy of Internal Taxes. SENIAT reserves the right to revoke this authorisation if there are violations such as issuing false invoices or non-compliance with tax obligations.
Digital invoices must meet specific formalities, including unique serial numbers for each invoice. In case of internet disruptions, businesses must have contingency plans, such as mobile or offline applications, to maintain operations.
The Ruling was published in the Official Gazette on 19 December 2024.
