The Zakat, Tax, and Customs Authority (ZATCA) has introduced mandatory e-invoicing in Saudi Arabia to modernize tax procedures, enhance transparency, and reduce tax fraud. Known as “Fatoorah” in Arabic, this move aims to ensure compliance with VAT regulations and streamline the invoicing process for businesses. Here’s a guide to understanding ZATCA’s e-invoicing software, its benefits, and implementation steps for your business.What is ZATCA E-Invoicing?ZATCA e-invoicing is a digital invoicing system mandated by Saudi Arabia’s Zakat,...
more