Thursday, 09 June 2022 16:36

Ministry of Finance will apply penalties to companies or banks that require NIT in any procedure

Written by Evelyn Alas

The minister of Finance Alejandro Zelaya, informed through his twitter account that any bank, company or entity that requires the presentation of the Número de Identificación Tributaria (NIT) to carry out procedures to individuals over 18 years old, will be sanctioned by the Ministry of Finance.

According to the official, it is also not necessary to carry out any homologation procedure, what is available in the Treasury portal is verification, only for those taxpayers who present inconsistencies.

Likewise, the simplification counts for procedures in different areas such as financial, commercial, labor, personal, homologate the Número de Identificación Tributaria (NIT) with the Documento Único de Identidad (DUI).

With this change, benefits are expected, since all the procedures that salvadorans of legal age used to carry out with the NIT will now be carried out only with their DUI; in addition, it represents savings in time and money by not having to go to the offices of the Ministry of Finance to process said document.

In order to obtain the digital graphic representation of said document, it has been enabled in the online service, in addition, they will not have to pay for the modification or replacement of the digital graphic representation of the NIT.

There are also some exceptions, for example: minors, foreigners and legal entities must process the printed representation of the NIT in this Ministry, which continues to be mandatory, in all those procedures of issuance, replacement and modification of such document.