Guatemalan VAT number contains seven digits, one dash, and one digit (e.g., 0123456-1).
The standard VAT rate in Guatemala is 12%, with a reduced rate of 5% for small businesses. Some goods and services are exempt from Guatemalan VAT, such as existential food supplies and education.
All businesses with Guatemalan VAT number must submit periodic VAT reports.
For all companies that operate in Guatemala, VAT returns must be submitted monthly.
In the case of the late filing of VAT returns and payments, the Guatemalan government prescribed the penalties as follows:
According to articles 29 and 30 of government agreement 5-2013, special invoices, small taxpayer invoices, debit and credit notes issued in Guatemala must have at least the following information:
Failure to issue an invoice will trigger a fine equivalent to the amount of the tax corresponding to the transaction.
As of 2019, all business entities and economic operators in Guatemala are obliged to comply with mandatory e-invoicing in Guatemala.
Governmental body responsible for e-invoicing in Guatemala:
Four subjects are taking part in the Guatemalan e-invoicing model:
What does the e-invoicing process in Guatemala look like?
Date updated [May 12, 2021]
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