Why digital compliance is taking off in LatAm
Governments are focusing on electronic systems to increase transparency, crack down on fraud, and improve revenue collection. Key tools include:
- e-invoicing / factura electrónica
- electronic books & records systems (e.g. SIRE, SIRE-Web)
- electronic reporting of transactions, beneficial ownership, digital services tax compliance
Recent developments you should know
- In Peru, the PEI Web system became available from August 1, 2026, letting taxpayers send necessary information through SUNAT’s online portal without software installations. This simplifies compliance. (cpe.sunat.gob.pe)
- SUNAT’s Resolución de Superintendencia Nº 0125-2026/SUNAT grants leniency in sanctions for record-keeping or reporting failures tied to the electronic registers (SIRE) through August 31, 2026 for taxpayers who need more time to adapt. (cpe.sunat.gob.pe)
- In Argentina, AFIP’s Resolución General Nº 5853/2026 modifies deposit and fiscal requirements for certain operations, affecting electronic reporting and declarations. (biblioteca.afip.gob.ar)
What to do now — actionable compliance steps
- Know if you’re obligated: determine which regime you fall under—general, simplified, small business—and what electronic system you must use.
- Stay aware of deadlines: For example, the Peruvian grace period until 31 August 2026 for certain SIRE infractions requires action promptly. (cpe.sunat.gob.pe)
- Upgrade tech systems early: ensure you're using compliant accounting software that can generate electronic invoices or records as per local tax authority specs.
- Validate communication channels with tax authorities: RUC info, contact details, digital credentials must be accurate. Countries like Peru and Colombia emphasize these.
- Document exemption or tolerance periods: Where authorities are granting grace periods (like Peru), keep official notices or registrations to avoid future penalty risk.
Example case
Carlos runs a small digital marketing agency based in Lima with clients in Chile and Mexico. He:
- Checks if he’s required to use SIRE or PEI Web — since his income is above the threshold (so he is required) he ensures registration by or before the grace-period deadline.
- Updates his invoicing software to issue electronic invoices valid in Peru, Mexico, and Chile.
- Keeps copies of all notices that resolve tolerance periods or extensions, just in case audits reference them.
Summary & best practices
- Always confirm if a new system or mandate is in effect in your country and whether your business is covered.
- Don’t wait until the last minute—compliance systems often require time to implement and employee training.
- Keep up with legislative announcements via official sources—these may offer relief or extensions.
With proactive measures, businesses can reduce risk, avoid penalties, and leverage electronic compliance for operational efficiency.