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Philippines to implement e-invoicing program

29 August 2019
Philippines

Although e-invoices have been recognised as a legal equivalent to paper documents since 2000, the recent move is a long-awaited push towards fully welcoming digital transformation into government practices. The changes will require a considerable amount of education for taxpayers on the new processes, as well as the need for businesses to invest in new in-house systems. Steps toward digitisation The Philippine Digital Transformation Strategy 2022, a document discussing the governmental strategy to achieve the digital transformation, was released by the Department of Information and Communications Technology earlier this year. The document outlines that the country aims to complete and...