Blog

What is Tax Regularity and what is the relationship with your business partners? 

Do you have losses from companies that are not in compliance with the tax authorities? What you need is Tax Regularity. Read on to find out more! 

You will learn about: 

  • What is tax regularity?
  • How to avoid problems related to tax compliance
  • Importance of regularity for those who issue invoices
  • What happens when a recipient is irregular

What is tax regularity? 

If you haven’t heard about tax compliance yet, don’t worry – we’re here to explain what tax compliance is and why it’s crucial for your business! 

To better understand, imagine that regularity is a kind of “seal of approval” given to companies. It confirms whether or not the company is up to date with its tax payments and in accordance with tax laws.  

But why is it so important to verify whether there are any tax debts in accordance with tax requirements? Imagine that you have a friend who always forgets to pay the bills. This could cause problems for him, right? It's the same with companies. If a company does not have its tax situation in order, it not only affects the company itself, but also all other companies with which it does business. 

Another example: if you buy something from a company that is not in good financial shape, this can affect the delivery of the product you purchased. You have probably experienced an online purchase being cancelled or delayed without explanation. This could be the result of tax issues on the part of the selling company. 

Avoid problems related to tax regularity 

But, after all, how can we avoid problems related to tax compliance? The answer lies in something simple, but very effective: checking the tax status of your business partners before doing business with them.  

It’s like checking someone’s references before hiring them for a job. By doing this, you ensure that you’re dealing with a reputable company and avoid future headaches. 

With the TaxPlus Tax Regularity, you perform this action quickly, understand: 

Importance of Tax Regularity for those who issue invoices 

It is important to check the status of the companies you do business with. But did you know that this action is also essential for those who issue electronic invoices? 

When you issues an electronic invoice (NF-e), it is important to make sure that everything is in order with the company that is receiving the document. This not only facilitates the process of delivering the product or service, but also prevents the NF-e from being rejected by the tax authorities. 

What happens when a recipient is irregular? 

In the case of invoices denied by SEFAZ due to some irregularity on the part of the recipient, the company that carries out the process of separating and dispatching the goods will suffer delays, since, when the invoice sent for authorization is denied, it is necessary to remove the goods from the truck, delaying their departure. And, consequently, generating delays in the logistics process. 

Therefore, it is important to have a solution that contributes to other areas of the company. Providing frequent queries to analyze the customer's registration status before issuing the NF-e. This differential helps in the logistics process, as well as in reducing the number of denied invoices. 

#InventTip: 

Do you want to be able to consult taxpayer registration information directly from the Federal Revenue Service and Sintegra?  

Tax compliance is essential for the smooth running of the business world. By ensuring that you and your partner companies are compliant with tax laws, you build strong relationships and avoid unpleasant surprises. 

Therefore, our tip is: get to know Invent Software's Tax Compliance module! With our module, you simply need to enter the taxpayer's CNPJ when registering the business partner and the registration information will be created and/or updated. In addition, the system informs you whether the CNPJ is enabled or not. Find out:

If you are looking to check the tax regularity of your business partners, talk to our team of experts now and learn about TaxPlus!  

en_USEN