E-Invoicing
Approved ZATCA E-Invoicing Solution Provider in Saudi Arabia
Examine e-Invoicing More Closely – What Is It?
Saudi Arabia Makes Electronic Invoicing Mandatory
Optimizing Invoicing for ZATCA E-Standards
Unlocking the Guide to ZATCA Phase II in Saudi Arabia.
Questions on ZATCA E-Invoicing? Ask Our Experts!
E-Invoicing (Fatoora) Workflow Process for Standard Tax Invoices
The Architecture and Data workflow process of ZATCA E-invoicing or Fatoora for ease of multiple registration and business-to-business transactions must comply with government laws
A Simplified Overview of ZATCA E-Invoicing
Implementation Phase II in Saudi Arabia
What Sets Evincible Solutions Apart in Providing ZATCA E-invoicing Services?
Smooth Integration of ERP
Generate e-Invoices in Bulk
Protection against Duplicate e-Invoices
E-Invoice Management with a Single Dashboard
Bills in both English and Arabic
Generated PDF invoices with embedded XML
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Frequently Asked Questions!
What is the meaning of ZATCA e-invoicing?
The Kingdom of Saudi Arabia (KSA) has directed its attention towards various programs aimed at digitalizing the economy. In accordance with the Value Added Tax Implementing Regulations, the General Authority of Zakat and Tax (GAZT), which was formed by the merger of Zakat, Tax and Customs Authority (ZATCA), released a draft amendment on September 17, 2020, with the goal of implementing e-invoicing in Saudi Arabia. The draft addressed several e-invoicing regulations.
What is Phase 2 of ZATCA e-invoicing?
This phase is known as the ‘Integration Phase’ and is rolled out in waves by the targeted taxpayer group. Phase 2 was initiated on 1st January 2023.
What is the format for ZATCA simplified invoice?
It is necessary to generate Simplified Tax Invoices in either PDF/A-3 (including embedded XML) or XML format. The taxpayer’s EGS solution needs to contain a QR code that complies with Phase 2 standards and stamp the XML using the CSID that ZATCA issued.
Is e-invoicing mandatory in Saudi Arabia?
Yes, Saudi Arabia has mandated e-invoicing Since December 4, 2021, for each and every B2G, B2C, and B2B transaction.
What is ZATCA and Fatoora?
The Zakat, Tax and Customs Authority’s official app, ZATCA e-invoicing solution, allows users to manage their tax and zakat profiles among a variety of services and advantages.
According to the VAT Implementing Regulation, taxable individuals who live in the Kingdom of Saudi Arabia, as well as clients or other third parties who issue a tax invoice on behalf of a taxable individual who resides in the Kingdom, are subject to the e-invoicing process known as FATOORA.
What are the benefits of e-invoicing?
- Quicker payments and better cash management.
- Improved verification of accounts.
- Rejected invoices and disputes are down.
- Increased satisfaction among customers.
- Automation and higher productivity.
- Profit from discounts for early payments.
- Improved trust with suppliers.
Is e-invoicing in Saudi Arabia’s 2nd Phase apply to me?
The 2nd phase applies to businesses. Integrating your e-invoicing system with ZATCA’s portal is a must for sellers to share invoices and have them certified and confirmed prior to sending them to customers.
Are there any penalties if we don’t comply with e-invoicing in Saudi Arabia mandates?
There is an SR 5,000 fine for the first offence of not issuing electronic invoices.
ZATCA approved e-invoicing solution provider
- Invoices with a QR Code in both Arabic and English
- Monthly Unlimited transaction
- Client support 24/7
