ECUADOR-SRI

Ecuador SRI e-invoice 100% since 2018.

Definition

Ecuador Sistema Facturacion Electronica documents: Factura Electronica, Nota Credito Electronica, Nota Debito Electronica, Comprobante Retencion Electronico, Guia Remision Electronica, Liquidacion Compra Bienes Prestacion Servicios. Ecuador SRI XML customised format. Digital signature BCE certificate (Banco Central Ecuador, AC Acreditacion Cooperativa). Modalities: SRI Portal en Linea (free small businesses), SRI Comprobantes Electronicos free downloadable software, third-party ERP/Software (PSAE Proveedores Servicios Autorizados Electronicos). Mandatory RUC. IVA 15% temporary (April 2024-December 2024, increase from 12% standard to finance security).

Origin

Ecuador SRI Ley 41/1997 ; Resolucion NAC-DGERCGC18-00000233 100% mandate January 2018 ; ~200000 issuing enterprises ; IVA 15% temporary April 2024.

Example in context

Banco Pichincha (Ecuador largest bank) issues B2B Commission invoices via SRI Sistema Facturacion Electronica: signed XML Ecuador BCE, IVA 15% (April 2024+), SRI validation ~2 sec, Temenos core banking integration.

Related terms

• Colombia DIAN — Andean neighbour.