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E-Invoicing

E-invoicing solution

The Zakat, Tax, and Customs Authority (ZATCA) in Saudi Arabia introduced the e-invoicing initiative as part of its efforts to modernize tax compliance processes and improve efficiency for businesses. Phase One, referred to as the Generation Phase, laid the groundwork for transitioning businesses in the Kingdom to electronic invoicing systems.

E-Invoice Types:

Preparations for Businesses

EVALUATE

Evaluate existing invoicing systems and ensure they meet ZATCA requirements.

ENGAGE

Engage with software providers specializing in compliant e-invoicing solutions.

TRAIN

Train staff to understand and operate new systems efficiently.

COLLABORATE

Collaborate with tax consultants to ensure full compliance with the regulations.

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