Ecuador’s Electronic Invoice system is also an example of clearance systems like Uruguay, Colombia etc. Both public and private administrations are responsible and e-Invoice regulation has been effective since 2014, and its scope has been gradually expanded. As of January 2022, e-Invoicing became mandatory for natural persons and companies with incomes over 200,000.01 USD and under 300,000.00 during the last fiscal year. Taxpayers who want to issue and send an e-Invoice are required to register and get authorization from the tax authority (The Internal Revenue Service-SRI). After 30 November 2022 for taxpayers who are included in the tax income regime that were not responsible to generate e-Invoices until the date, have to create e-Invoices. Issued electronic invoices must be in XML format and digitally signed.
