Blogs under category: e-Invoicing in KSA

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ZATCA announces the implementation of Wave 5 of e-Invoicing in KSA

Webtel

e-Invoicing in The Kingdom of Saudi Arabia is being implemented in a phased manner, whereby Zakat, Tax and Customs Authorities (ZATCA) has announced the implementation of the fifth wave of e-Invoice g ........ View More

  • 29/05/2023
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  • Visitor's Count: 49

ZATCA announces the criteria for the fourth wave of e-Invoicing Phase 2

Webtel

In a recent notification, The Zakat, Tax, and Customs Authority (ZATCA) laid down criteria for selecting target establishments in the fourth wave of the “Integration Phase" of e-Invoicing in the Kingd ........ View More

  • 29/04/2023
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  • Visitor's Count: 137

Difference between Phase 1 and Phase 2 QR code

Webtel

QR Code is a mandatory field in printed and electronic invoices that contains basic invoice data for verification of invoices and ensuring ZATCA e-invoice compliance. QR Codes are auto-generated by th ........ View More

  • 26/04/2023
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  • Visitor's Count: 114

EGS Onboarding e-Invoice Generation in Phase 2

Webtel

What is EGS onboarding under Saudi Arabia e-Invoicing? The e-Invoicing Generation Solution (EGS) can either be an ERP, Point of Sale (PoS) machine, or Online cash register (OCR). What are the Pre ........ View More

  • 24/04/2023
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  • Visitor's Count: 153

My ZAKAT service resumed for the sixth year in a row by ZATCA

Webtel

ZATCA has recently released an update dated March 23, 2023, whereby The Zakat, Tax, and Customs Authority has made the “My Zakat” service available for the sixth year in a row, providing individuals t ........ View More

  • 31/03/2023
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  • Visitor's Count: 120

ZATCA invites taxpayers to take advantage of the “cancellation of fines and exemption from financial ........

Webtel

ZATCA has invited taxpayers subject to VAT regulations to take advantage of the “cancellation of fines and exemption from financial penalties” initiative, which has been extended for an additional per ........ View More

  • 27/03/2023
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  • 0 comments
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  • Visitor's Count: 125

ZATCA sets the criteria for selecting target establishments in the Third Wave of e-Invoicing Phase 2 ........

Webtel

In an update released on 24 March 2023, The Zakat Tax and Customs Authority established the criteria for selecting the target establishments in the third wave of the "linkage and integration" stage of ........ View More

  • 27/03/2023
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  • 0 comments
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  • Visitor's Count: 333

Best e-Invoicing Software in Saudi Arabia (KSA)

Webtel

In Saudi Arabia, businesses are required to integrate with the ZATCA (FATOORA) platform and provide e-invoices to their customers in a defined structured format. This means that all e-invoices must be ........ View More

  • 21/03/2023
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  • Visitor's Count: 199

Why is e-Invoicing the future of invoice generation for businesses?

Webtel

e-Invoicing is a global step towards business digitalization and compliance standardization. Over the years, various nations have shifted towards e-Invoicing as a measure of improved compliance manage ........ View More

  • 24/02/2023
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  • Visitor's Count: 156

Avail the “cancellation of fines and exemption of penalties” Initiative of ZATCA

Webtel

The Zakat, Tax, and Customs Authority (ZATCA) has invited taxpayers, who are subject to tax regulations, to take advantage of the “cancellation of fines and exemption from financial penalties” initiat ........ View More

  • 03/02/2023
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  • 0 comments
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  • Visitor's Count: 300
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