Hi there! In the next post you will find everything you need to know about ¿excuse me get the NIT? Do youhow to get it out? which are the requirements to have it? In general, all Procedures and Requirements to obtain the NIT.
We will summarize this process to keywords, and now with nothing more to add, let’s get started.
Requirements to get the NIT
Documents and information to be supplied
- Information to complete the form in the presence of the citizen.
- Proof of payment of Nit (original).
- Receipt for electric power services (original + simple copy) or water or telephone, or failing that, the premises lease agreement confirming the taxpayer’s notification address.
- Unique identity document (DUI) of the individual merchant (original + simple copy) or, failing that, certified copy (in case the original is not presented) for Salvadorans or passport (or resident card) for foreigners.
Be careful, you should only record one of these:
- Initial balance (original) if the asset is greater than $ 12,000.00 it must be signed by taxpayer and accountant.
- Asset detail (original) for assets between $ 2,286 and $ 12,000.00 detail of the asset signed only by taxpayer.
- Lease of premises (original + simple copy), failing that, certified copy (in case the original is not presented)
- Contract for the provision of services or sale of goods (original + simple copy) or, failing that, certified copy (in case the original is not presented)
- Certificate or letter from clients requesting the service or goods (original) with company stamp, class of service or, monthly amount to be received, name and signature of the applicant.
- Performance bond between insurer and order manager (original + simple copy) or, failing that, certified copy (in case the original is not presented)
- Proof of registration of the business in the Mayor’s Office (original + simple copy) or, failing that, certified copy (in case the original is not presented). Each Mayor’s Office issues a different document.
- Harvest purchase / sale contract (original + simple copy) or, failing that, certified copy (in case the original is not presented)
- Letter of purchase / sale of cattle issued by the Municipal Mayor’s Office (original + simple copy) or, failing that, certified copy (in case the original is not presented)
- University degree, Certificate or Diploma that accredits the occupation or trade (original + simple copy)
or, failing that, a certified copy (in the event that the original is not presented). If the title is issued abroad, it must be validated by the Ministry of Education.
If the profession, occupation or trade is recorded in the DUI, it is not necessary to present the aforementioned documentation.
- Authorization to transport people (original + simple copy) issued by the Vice Ministry of Transport.
- Vehicle registration card (original + simple copy), the vehicle must be a work document, or a document of sale (if the circulation card is not in your name), or a vehicle lease, if applicable.
- ANDdocument stating that you do not have a document that shows income or assets (original)
applies if you do not have any special requirements detailed above
By proxy
- General judicial and administrative power(original + simple copy) or, failing that, a certified copy (in the event that the original is not presented), in which powers are indicated to carry out procedures before the Ministry of Finance
- Unique identity document (DUI) of the agent (original + simple copy) or, failing that, a certified copy (if the original is not presented), for Salvadorans or a passport (or resident card) for foreigners
Per authorized person
- Authorization to carry out procedures before the Ministry of Finance (original) signed by the individual merchant or attorney-in-fact, duly authenticated by a notary
- Single taxpayer registration form F-210 (original) signed by the individual merchant or proxy, which can be withdrawn in Form Delivery or downloaded online from the website of the Ministry of Finance or from our site
- Unique identity document (DUI) of the authorized person (original + simple copy) or, failing that, a certified copy (if the original is not presented), for Salvadorans or a passport (or resident card) for foreigners
For over 18 years
- Information to complete the form in the presence of the citizen.
- NIT payment receipt (original).
- Receipt for electric power services (original + simple copy)
or water or telephone, or failing that, the lease of the premises confirming the taxpayer’s notification address. - Unique Identity Document (DUI) of the individual merchant (original + plain copy)
or, failing that, a certified copy (if the original is not presented) for Salvadorans or a passport (or resident card) for foreigners.
For those under 18 years of age
- Information to complete the form in the presence of the citizen
- NIT payment receipt (original)
- Receipt for electric power services (original + simple copy)
or water or telephone, or failing that, the lease of the premises confirming the taxpayer’s notification address - Unique Identity Document (DUI) of the individual merchant (original + plain copy)
or, failing that, a certified copy (if the original is not presented) for Salvadorans or a passport (or resident card) for foreigners - Special permission of the Court, which allows the free exercise of economic activities to the minor or the emancipation document legalized by the competent body.
Steps to process the NIT
- Bring all the requested collections.
- Go to the Ministry of Finance.
- Waiting in line to get the NIT for a maximum of 20 minutes It takes approximately the wait.
- Attention time takes a maximum of 10 minutes approximately it takes the wait
- Follow the steps that the official gives you.
- Fill out the corresponding forms
- Wait for you to be notified that your NIT is Ready.
- Remove it.
NIT cost
The Ministry of Finance issued a statement dated January 21, 2016 in which it announced an increase in the price of the Tax Identification Number (NIT).
The letter explains that the document will have a value of $ 1.67 and its replacement will cost $ 5.
The new provisions, the aforementioned text clarifies, are based on article 4-D of the Law of Registration and Special Control of Taxpayers to the Treasury and executive decree No. 2 dated December 16, 2016, published in Official Gazette No. .236, Volume 413 dated December 19, 2016, in which the minimum wage is increased for workers in the commerce and services sectors.
Where to get the NIT?
MINISTRY OF FINANCE (TAXPAYER SERVICES CENTER)
- Diagonal Centroamérica and Avenida Alvarado # 4, next to the Tres Torres building (ex-Bolerama Jardín), San Salvador.
- Tel: +503 2244-3000 / + 503 2237-3000
- Website: http://www.mh.gob.sv
REGISTRATION OF TAXPAYERS AND EXEMPT MACHINERY SECTION
| Mon: | 08:30 – 16:30 |
| Sea: | 08:30 – 16:30 |
| Wed: | 08:30 – 16:30 |
| Thu: | 08:30 – 16:30 |
| Fri: | 08:30 – 16:30 |
| Sat: | closed |
| Sun: | closed |
What is the NIT?
The tax identification number (NIT) is a series of numbers or letters used to identify natural and legal persons subject to taxes.
Structure of the NIT
The NITs in El Salvador are made up of 14 numbers, which to facilitate reading are separated into hyphens as follows:
| 0101 | – | 010101 | – | 101 | – | 1 |
| Municipality Code | Date of birth | Correlative | Check digit |
Meaning of the NIT
- The first four digits indicate the code of the municipality of birth of the natural person or the legal person to which the NIT belongs was established. The NITs of Salvadorans start with 0 and 1. Those of those born abroad start with 9.
- The next six digits indicate the date of birth of the natural person or date of incorporation of the legal person to which the NIT belongs. The date is written in the format DDMMYY (Day – Month – Year)
- The next three digits are a running number
- The last number is a verification digit which allows computer equipment to detect if the NIT was entered correctly.
NIT functions
The NIT is used for many procedures in El Salvador, for example:
- Opening of bank accounts.
- Procedures with insurance companies
- Buy cash items with a value greater than $ 200.
- Purchase of items on credit.
- Acquire vehicles.
- Obtaining a driver’s license.
- Loan application in the financial system.
Types of NIT
The NIT is used in the procedures expressed in the section «Functions of the NIT». While the NRC or Taxpayer Registration Number is used by natural persons who own businesses and by legal persons (companies) in VAT returns. The NRC is made up of a correlative and a check digit.
Why should the NIT be removed?
The importance of the NIT lies in the daily life of an economically active person in El Salvador being Natural or Legal, as established by the due laws, with the NIT you will have since with it you can open a bank account, process loans, obtain a driver’s license , buy with credits, buy items of more than $ 200 clearly in cash, buy vehicles and process insurance. In short, a large number of advantages, all for a simple document.
How often does the NIT expire?
You have to renew it annually from the moment you took it off.
We hope that the following post will help you in the best way to process the NIT in El Salvador, always very grateful to you. Yes, with you, forever preferring us.
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