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.
more recommended stories
Top Mistakes New Business Owners Make
As a new business owner, it’s.
Mexican Casinos Are All-Round Entertainment Hubs with Something for Everyone
Thrill-seekers often look across the border.
Switzerland and Merida strengthen ties with projects to promote tourism
Mérida, Yucatán, (September 25, 2021) .-.
The expansion and modernization project of the Progreso High Port continues to advance
Progreso, Yucatán, (September 25, 2021).- The.
8 Yucatecan chefs are invited to the Gastro Destino México program
In the second season of this.
Businesses optimistic in reactivating jobs and the economy of Campeche
Campeche, (September 24, 2021).- With the.
Mexico annual inflation accelerates above expectations during September
Mexico’s annual inflation rose during the.
Biden’s honeymoon with Europe is over
BARCELONA — When President Biden stood.
World thyroid cancer day; incidence increased and mortality decreased
It is the most common tumor.
Mérida urban area cannot continue to expand, it is not viable or profitable (Canadevi)
Merida, Yucatan, (September 24, 2021).- Given.