E-invoicing compliance and regulatory updates - Bolivia

Electronic Invoicing Bolivia

The process of e-invoicing implementation has been present in the Bolivian landscape for some years. However, this process has been affected by several factors causing delays, including the more recent effects of the COVID-19 pandemic. The process began in 2007, when e-invoicing was implemented on a voluntary basis.

There have been other attempts to implement the e-invoicing system that had not yet taken hold in the Andean country. Most recently, as of August 2021, the Bolivian Tax Authority, Servicio de Impuestos Nacionales (SIN) has adopted a resolution that implements an e-invoicing mandate for large companies from 1 December 2021.

Other companies will be able to implement e-invoicing on a voluntary basis.

The new mandate applied to 171 large Companies (GRACO) listed by the SIN, together with main taxpayers (PRICO).

The Bolivian virtual electronic invoicing system establishes different invoice modalities for different taxpayers.

Paper invoicing is still available. However, e-invoicing will gradually become mandatory for all taxpayers in Bolivia. Taxpayers of the third group are expected to issue e-invoices as of 1 February 2023.


Want to learn more about e-Invoicing compliance?

Download our Global e-invoicing and Tax Compliance fact sheet here for more information.

Electronic Invoicing Bolivia

The process of e-invoicing implementation has been present in the Bolivian landscape for some years. However, this process has been affected by several factors causing delays, including the more recent effects of the COVID-19 pandemic. The process began in 2007, when e-invoicing was implemented on a voluntary basis.

There have been other attempts to implement the e-invoicing system that had not yet taken hold in the Andean country. Most recently, as of August 2021, the Bolivian Tax Authority, Servicio de Impuestos Nacionales (SIN) has adopted a resolution that implements an e-invoicing mandate for large companies from 1 December 2021.

Other companies will be able to implement e-invoicing on a voluntary basis.

The new mandate applied to 171 large Companies (GRACO) listed by the SIN, together with main taxpayers (PRICO).

The Bolivian virtual electronic invoicing system establishes different invoice modalities for different taxpayers.

Paper invoicing is still available. However, e-invoicing will gradually become mandatory for all taxpayers in Bolivia. Taxpayers of the third group are expected to issue e-invoices as of 1 February 2023.


Want to learn more about e-Invoicing compliance?

Download our Global e-invoicing and Tax Compliance fact sheet here for more information.

Archiving

Invoice archiving is allowed in Bolivia. All records are required to be archived for 8 years.


Want to know more about Basware’s archiving services?

Download our Basware Vault fact sheet here to learn more about our flexible and scalable solution.

Basware Services

Basware provides e-invoicing setup and services through our partner GoSocket.


Want to find out how we can help in your specific case?

Speak to a member of our team to learn more.

Contact us

Interoperability

Basware currently has no connections to any interoperability partners in Bolivia.

Our advice

For large organizations (GRACO) mentioned by the SIN, Basware can provide a solid solution to automate the invoice receiving process by connecting to the government SAT environment through our partner and certified provider, GoSocket. We advise to automate the invoice receiving process by connecting to the governmental platform through the Basware Network.


Want to understand how we can help in your case?

Get in touch with our experts.

Contact us

Electronic Invoicing Bolivia

The process of e-invoicing implementation has been present in the Bolivian landscape for some years. However, this process has been affected by several factors causing delays, including the more recent effects of the COVID-19 pandemic. The process began in 2007, when e-invoicing was implemented on a voluntary basis.

There have been other attempts to implement the e-invoicing system that had not yet taken hold in the Andean country. Most recently, as of August 2021, the Bolivian Tax Authority, Servicio de Impuestos Nacionales (SIN) has adopted a resolution that implements an e-invoicing mandate for large companies from 1 December 2021.

Other companies will be able to implement e-invoicing on a voluntary basis.

The new mandate applied to 171 large Companies (GRACO) listed by the SIN, together with main taxpayers (PRICO).

The Bolivian virtual electronic invoicing system establishes different invoice modalities for different taxpayers.

Paper invoicing is still available. However, e-invoicing will gradually become mandatory for all taxpayers in Bolivia. Taxpayers of the third group are expected to issue e-invoices as of 1 February 2023.


Want to learn more about e-Invoicing compliance?

Download our Global e-invoicing and Tax Compliance fact sheet here for more information.