The Ministry of Finance on November 19, 2024, published a resolution that introduces several updates regarding electronic invoices (e-invoices).
The updated resolution:
- Adds the "electronic payment receipt" as a type of electronic receipt
- Includes "non-resident foreigner" and "non-taxpayer" as types of identification for purchase e-invoices
- Adds "operating lease" and "financial lease" to the sales conditions for electronic invoices
- Specifies types of discounts such as royalties, value added tax (VAT) charged to the customer, and bonuses
- Introduces "exemption for free trade zone" as a type of exemption
- Adds "guarantee deposit," "fines or penalties," and "default interest" as types of documents for e-invoices
The new provisions will come into effect on June 1, 2025. However, taxpayers who are able to implement the new system earlier may do so starting April 1, 2025.
Read a November 2024 report (Spanish and English) prepared by the KPMG member firm in Costa Rica