The Philippines launches an e-invoice pilot in 2022
The Philippines system is based on a live listing of transactions being transmitted to the authorities. Invoices are created with a digital signature and transmitted to the authorities in JSON format. There is no requirement for pre-clearance.
The Bureau of Internal Revenue BIR intended to roll out the requirement to all taxpayers starting from January 1, 2024, however, the launch is progressing slowly. The specified taxpayers shall report sales data in receipts, sales invoices, and commercial invoices to the BIR electronically.
The Electronic Invoicing/Receipting System (EIS) was developed for this purpose. A pilot implementation already took place on July 1, 2022. So far, 100 pilot customers have been invited to do electronic invoicing.
