Guatemalan VAT number contains seven digits, one dash, and one digit (e.g., 0123456-1).
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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.
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All businesses with Guatemalan VAT number must submit periodic VAT reports.
For all companies that operate in Guatemala, VAT returns must be submitted monthly.
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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:
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What does the e-invoicing process in Guatemala look like?
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Date updated [May 12, 2021]
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