The Saudi government is making waves with a law that will become a cornerstone for the Kingdom in dealing with problems such as tax avoidance, money laundering, and various other illegal activities. That is the mandatory requirement of e-invoicing software compatible with the ZATCA (The Zakat, Tax and Customs Authority) E-invoicing application.
The ZATCA E-Invoicing application will now become the one and only way to convert your invoice to e-invoicing format. The Zakat, Tax and Customs Authority, or ZATCA, has formed a new invoicing resolution for Saudi taxpayers, and implementation of it will be divided into two phases. The first phase implementation is already underway and nearing completion with the second phase will be implemented at the beginning of January 2023. Through this process, the Saudi government aims to bring the taxpayers or tax-paying companies under one umbrella in the later stages.