Type of Compliance: Clearance
Document Storage Requirement: 7 years

Mexico’s Servicio de Administración Tributaria (SAT) introduced mandatory clearance in 2014. Suppliers submit draft invoices to the Comprobante Fiscal Digital por Internet (CFDI) platform which are assigned a unique code. The customer then has three days to review the invoice before it is automatically validated as a VAT invoice.

Learn more about Tradeshift’s B2b E Procurement Marketplace

#shifthappens