BUSINESS

E-invoicing (FATOORAH)

July 07, 2021

The FATOORAH project is considered as one of the most important projects being implemented in the Kingdom and it is expected to produce a major positive impact on the Saudi economy.

E-invoicing (FATOORAH)

Implementation Phases

Phase 1 (Generation Phase), starting from December 4, 2021

Phase 2 (Integration Phase), starting from January 1, 2023 and implemented in phases

E-invoicing (FATOORAH) Implementation Obligations

3 steps for the first phase, starting December 4, 2021

Stop issuing handwritten invoices

Use a compliant e-invoicing system that meets ZATCA requirements

Ensure that all the requirements of the tax invoice and the additional required fields are included


July 07, 2021
1125 views
HIGHLIGHTS
BUSINESS
day ago

HONOR introduces HONOR Magic V5 foldable at a premium regional event in Dubai

BUSINESS
2 days ago

Universal Inspection Co. Ltd. (UIC): Transforming industrial excellence with world-class precision

BUSINESS
3 days ago

Red Sea International achieves 44% growth in operating profits for H1 2025