E-Invoice Latin America
Electronic Invoice is widespread in the Latin America region, where more than half of e-invoices exchanged worldwide in 2014, roughly 25 billion, corresponded to Latin America. This region has already become the most advanced in the field in the international scope, due to the fiscal control policies carried out by the different states in the region.
For some time now, a number of Latin American countries have mandated electronic invoicing compliance regulations that are dictated by taxation or government authorities for each specific country. Mexico, Argentina, and Chile s E Factura follows Brazil s Nota Fiscal Eletronica, where local government entities have required companies to replace standard paper invoices with electronic invoices.