Argentinian VAT number contains 11 digits (e.g., 01-23456789-0).
The standard VAT rate in Argentina is 21%, with reduced rates of 10.5%, 2.5% on certain goods and services, and a higher rate of 27% on some supplies. There is also one exception on exportations when 0% of VAT is calculating.
All businesses with Argentinian VAT number must submit periodic VAT reports and payments.
For all companies that operate in Argentina, VAT returns must be submitted monthly, between the 12th and 22nd of the month following the period end.
In the case of the late filing of VAT returns and payments, the Argentinian government prescribed the penalties as follows:
Due to the electronic invoicing system, all electronic invoices must contain at least the following:
From April 2019, the Argentinian Tax Authority (Administración Federal de Ingresos Públicos – AFIP) introduced mandatory electronic invoicing for all companies in all categories, including those that pay single tax.
All invoices must be issued electronically and reported to Argentinian Tax Authorities in real-time before it is sent to the end customer.
Real-time reporting to Argentine Tax Authorities (Administración Federal de Ingresos Públicos – AFIP) is mandatory for all taxable persons in Argentina.
How does it work?
Who is affected by this obligation?
All entities who have an income from their economic activity must issue an electronic invoice.
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