In Kenya, e-invoicing is becoming increasingly prevalent, with the government mandating VAT-registered businesses to adopt a compliant Electronic Tax Register (ETR) to record their transactions.
E-invoicing is mandatory for VAT-registered taxpayers who must adopt a compliant Electronic Tax Register (ETR) to transmit tax invoice data. To confirm validity, a valid electronic tax invoice must include key features such as a buyer PIN, control unit serial and invoice numbers, and a QR code.
- Is e-invoicing mandatory in Kenya?
- What’s the timeline for e-invoicing compliance?
- What is TIMS?
- What else do I need to know?
- How to send compliant e-invoices in Kenya?
- 1. Get your compliant ETR
- What are my options for getting an ETR?
- Types of ETRs
- Do I need a new ETR?
- 2. Activate the ETR
- 3. Start transmitting compliant invoices
- 1. Get your compliant ETR
- Characteristics of the electronic invoice in Kenya
- What should businesses do to comply with the e-invoice regulations in Kenya?
- Takeaway: Start sending compliant e-invoices with Storecove
- More information about E-Invoicing Requirements in Kenya?
Source: www.storecove.com