Mandatory Electronic Invoicing in Mexico
Learn how to get your company ready to exchange documents in accordance with regulations in Mexico with the support of Comarch
Learn how to get your company ready to exchange documents in accordance with regulations in Mexico with the support of Comarch
The use of the services of the Mexican tax authorities, called SAT services, is mandatory for issuing invoices (in the case of electronic invoices, this has been delegated to certified PAC providers).
The issuer must communicate the invoice to the recipient within three days following issuance. The issuer has to be capable of providing a printed copy if this is required by the buyer.
Each invoice must be signed with the supplier's CSD (certificate issued by the tax authorities) and then sent to the Provincial Administrative Court. The PAC is obliged to verify the XML format and the signature, assign the folio (UUID), sign with the key provided to the tax authority. PAC performs these processes known as "Timbrado" and returns the result to the supplier (or service provider).
Required storage period is 5 years
Mandatory XML format specified by the Mexican tax authorities (‘SAT’), i.e. domestic CFDI and CFDI for export transactions.
