Everybody must update their invoicing systems no matter if they work as independent contractors or own an enterprise…
MERIDA – Officials advise that if you are an independent service provider, you have three options to comply with the issuance of invoices for the new version 3.3 and with the conditions imposed by the Tax Administration Service (Servicio de Administración Tributaria, SAT in Spanish).
It is also recommended to get the advice of a certified accountant to understand better how the new system works, to avoid mistakes that could cost you fines or suspensions ordered by the SAT. The freelancers are not the exception this time so they will have to register their services and declare their taxes as every worker and enterprise owner.
The ways to accomplish this legal requirement are:
- Get an accountant and pay him to administrate your invoices; which works for almost any enterprise owner but for the freelancers that could be an issue, depending on how much money they earn and the periodicity of their work.
- Fortunately there are free options, but these require a wider knowledge on the new scheme to issue the invoices:
- The first one is using the option located in the SAT’s web site, it is free, and SAT can give you the needed advices to know how to use it.
- The second option, is also through the SAT platform, but this is done with the “My accounts” option, which requires you to enter with your password and/or your Digital Signature.
With this option you will not have to make any adjustments, except fill the new fields, because the system guides you but it is always worthwhile to get some professional advice first to be really sure of what you are doing.
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