Bolivia e-invoicing SFE update

2024-25 SFE B2B and B2C electronic invoicing launch plans

Bolivia’s National Tax Service’s (SIN) has provided on 25 October 2024 a schedule for the latest waves of business obliged to join the VAT e-invoicing  Sistema De Facturacion Electronica (SFE) regime. This included a delay for the 9th wave from 1 December 2024 to 1 March 2025:

• 12th wave – to be rescheduled
• 10th and 11th waves – to be rescheduled
• 9th wave – 1 Mar 2025
• 8th wave – 1 Oct 2024
• 7th wave – 1 Jul 2024

2023: New waves join list mandated to use electronic invoices

An update schedule of taxpayers joining the Bolivian SFE e-invoicing or digital bookkeeping regime has been confirmed:

• 6th wave – 1 April 2024
• 5th wave – 1 March 2024
• 4th wave – 1 February 2024
• 3rd wave: February 2023
• 2nd wave: December 2021
• 1st wave: 2021

Government pre-clearance electronic invoicing

Bolivia’s National Tax Service’s (SIN) implemented mandatory e-invoicing SFE from 1 December 2021. The SFE e-invoice roll out had been paused in May 2021 due to the COVID-19 crisis.

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SFE Pre-clearance e-invoice and pre-filed returns model

Bolivia’s  had intended a one-year introduction period for its new government pre-clearance VAT invoice program, starting June 2020. This required taxpayers to use certified invoice creation process, and have these live transmitted to the SIN’s SFE service. It then issues the invoices as valid tax documents – fiscal notes – with a digital signature. SIN will also then be in a position to produce pre-filed VAT returns for taxpayers. This follows the example of Italy,  Spain and Hungary. Check out the countries that have implemented pre-filled VAT / GST returns around the world.

Six types of e-invoices:

The following documents may be processed:

• manual invoicing (facturación manual);
• pre-valued invoicing (facturación prevalorada);
• computerized SFV invoicing (facturación computarizada SFV);
• online electronic invoicing (facturación electrónica en línea);
• online computerized invoicing (facturación computarizada en línea); and
• online web portal invoicing (facturación portal web en línea).

With the exception of online invoicing, invoices issued for amounts above Bs1,000 (approx. USD $145.00) must disclose the buyer’s name.

Uploading invoices to SFE

Taxpayers will have three options to import their data into the SFE system:

1. Free online portal to upload invoices
2. Adapted accounting and invoicing software connected via the internet
3. E-invoicing creation systems, either in-house or via certified third-party outsources

Certification to fiscal invoices

Taxpayers will follow the following process under the SFE process:

• Firstly, taxpayers must obtain an invoice digital signature or certificate to use on their invoices. This is obtained from the Agency for the Development of the Information Society (ADSIB)
• Once draft XML-format fiscal invoices are uploaded to the SIN database, SFE, with a digital signature, it is validated.
• SFE then publishes the approved invoice for the customer through a login to the system.

Users may later validate any invoice via a QR Code provided on purchase invoices.

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Central and South America e-invoicing