Philippines government introduces regulation to boost e-invoicing

Monday 5 August 2019 13:38 CET | News

The Philippines government has announced introducing regulations to support convenient e-government public services, including e-invoicing adoption.

Outlined in the Philippine Digital Transformation Strategy 2022, released in February 2019 by the government, the goal is to have fully integrated and deployed e-government systems by 2022. The DICT, the agency in promoting e-governance, is in charge of developing an integrated government portal, which will allow the public to access various government services online. The portal is still undergoing pilot testing, and will likely be implemented by the end of the year, supporting at least online services provided by major government agencies, the DICT secretary told Business World last week. The Department of Finance (DoF) will also undergo a digital transformation and has already developed a long-term strategy with the goal of improving online service to the public.

Meanwhile, the Bureau of Internal Revenue (BIR) has partnered with South Korea to develop an e-invoicing program. The program is still in its early stages and is targeted for completion by December 2022. And as for the Bureau of Customs, government officials said its digitalisation program, known as the Inter-Agency Business Process Interoperability (IABPI) system, is in a more advanced stage.

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Keywords: Philippines, government, e-invoicing, funding, electronic invoicing, regulation, Philippine Digital Transformation Strategy 2022, Philippines, Asia, APAC
Countries: World

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