Corporate - Significant developments

Last reviewed - 31 May 2024

The tax authority (DNIT) issued a Decree on 27 September 2017 (N° 7795/17) including the creation of the National Electronic Invoicing System (SIFEN). From 2024 hereinafter, all taxpayers who voluntarily adopted the electronic invoicing regime are required to use this system to document their sales, purchases, transfers, etc. Starting in 2025, all companies incorporated in Paraguay must use the electronic invoicing system.