SANTO DOMINGO – Small taxpayers will have more time to adjust and adapt to the electronic invoicing process. The Dominican Republic's Internal Revenue Service (DGII) announced Wednesday a six-month extension to the implementation deadline for small, micro, and unclassified taxpayers.
According to the official notice, those who were required to comply with this obligation on May 15 will have an exceptional extension that will be applied automatically, without the need to make any requests.
Who does the extension apply to?
According to the DGII statement, the measure benefits taxpayers categorized as small, micro and unclassified within the tax system.
The extension seeks to facilitate the technological and operational adaptation process involved in adopting electronic invoicing, especially in segments with less capacity for immediate implementation.
Extended deadline, but with consequences
Although the measure grants an additional six months, authorities warn that once that period has expired, taxpayers who have not implemented electronic invoicing will be subject to penalties.
According to the regulations cited by the DGII, these penalties will be applied in accordance with the provisions of Law 32-23 on electronic invoicing.
A step towards tax digitization
According to the notice, released by the government entity, electronic invoicing is part of the efforts to modernize the tax system, improve transparency and optimize control processes.
Recommended readings:
- The DGII and DGCP mandate the use of electronic invoicing in public procurement
- They combine their capabilities to continue boosting MSMEs in the Dominican Republic
- Multiple banks are making progress in adapting financial services to boost women-led micro, small, and medium-sized enterprises (MSMEs)
