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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
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
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
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
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
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
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
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
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
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