The only thing that never changes in Mexico’s eInvoicing regulations is change. Additionally, 2013 will bring more. However, I believe that many companies might have missed the SAT’s notifications from December 28, 2012. Not only do they reiterate the archiving requirements, but they also explicitly make it clear that the XML needs to be digitally stored. An excerpt from the pages follows:
“Taxpayers who issue and receive CFDI must store them on magnetic, optical, or any other technology in their XML format for the purposes of articles 28 and 30 of the CFF.”
Among other things, Article 30 of the CFF stipulates that all records linked to bookkeeping, including CFDI, shall be kept for a minimum of five years.
Another modification, such as this one, demonstrates the government’s growing emphasis on CFDI. The government made a free online portal tool available to smaller firms in a previous September release, enabling them to produce legitimate CFDI invoices. This is how the requirements frequently take hold, much like in other nations like Brazil. They begin with basic procedures, which are then frequently improved, and as time goes on, more and more services begin to take shape as the kinks are ironed out.
This new legislation is placing greater emphasis on the inbound validation process in addition to requiring the archiving of the XML. Although we’ve talked about this procedure previously, inbound validation will become more and more important in 2013 as controllers try to avoid the fines and legal repercussions that come with tax fraud.