Mexico Extends the Delayed Mandatory Date of the New E-invoice Format to All Invoices
Mexico’s Tax Administration Service (SAT) has delayed the implementation of the new e-invoice system CFDI 4.0 once again. As we previously published, the delay initially impacted only 'payroll' invoices (CFDI 4.0 de nomina). However, according to the recent announcement by the Mexican Government, the extended deadline will apply uniformly to every invoice type.
The new e-invoice format will be mandatory from April 1, 2023 – not January 1, 2023, as originally planned.
Moreover, the transport document extension of the CFDI 4.0 invoice (Carta Porte) will not be required until August 1, 2023. The Folio Fiscal transmission, a requirement of CFDI 4.0, will not be mandatory until August 1, 2023.
How Fonoa Can Help
There are three Fonoa products that can assist your company when it comes to selling in Mexico.
Lookup: Instantly validate tax ID numbers from 95+ countries with Fonoa Lookup. We make batch processing easy, too. Lookup also ensures you’re applying the correct tax rate for every transaction.
Invoicing: Issue tax invoices in locally compliant languages and formats, with support for third-party or self-billing. They’re customizable, too.
Reporting: Report transactions in real-time and keep up with evolving local reporting requirements, all with a single API. Our Dashboard also offers unprecedented visibility of reported transactions globally.
Get in touch today to find out more!