Monday, February 26, 2024

What is it, what does it eat and what is it for?

The Federal Taxpayer Registry (RFC) with homoclave is an important element in the identification of natural and legal persons before the Mexican tax authorities.

This unique 13-character alphanumeric code is issued by the Tax Administration Service (SAT), and obtaining it is an essential requirement to perform various procedures and economic activities.

The RFC usually contains the date of birth and the initials of the first and last names.

The homoclave of RFC

Meanwhile, the homokey is a set of three additional RFC characters, assigned randomly during the registration process.

This component was added to avoid duplication and ensure the uniqueness of each RFC code. Its presence allows each taxpayer to be uniquely identified, even if they share the same initial letters and numbers.

What is the RFC with Homoclave?

RFC with homoclave is essential to fulfill various tax obligations, such as:

  1. Electronic invoicing: To issue digital tax receipts online (CFDI), it is necessary to have an RFC with a homoclave.
  2. Tax Returns: RFC with homoclave is required to submit monthly or annual tax returns.
  3. Opening Bank Accounts: When carrying out banking procedures, such as opening accounts or obtaining credit, financial institutions require the RFC with a homoclave to verify the tax situation of the applicant.
  4. Employee registration: In the workplace, companies must have an RFC with a homoclave of their employees to do the corresponding SAT registration.

How do I get my RFC with a homoclave?

The process of obtaining an RFC with a homoclave is not complicated. The taxpayer can do the procedure in person at the SAT offices or through its online platform.

In the latter case, the system automatically generates the homokey, ensuring the uniqueness of the RFC.

To get your RFC online, all you need to do is have your CURP and follow these steps:

  • Enter the SAT portal.
  • Click the yellow button that says START.
  • Fill out the information requested in the electronic form.
  • Submit your SAT method and print the previous sheet with the assigned folio number.
  • Go with the procedural documentation to the SAT office of your choice and deliver it to the tax authority.
  • Accept the RFC registration request and acknowledgement.
  • Wait for a resolution.

SAT will review the information provided and, if everything is in order, will give you your RFC.

You can check the status of your procedure on the SAT portal.

World Nation News Desk
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