ZIRA e-Invoicing Solution
VAT Reporting and Clearing in the Kingdom of Saudi Arabia
The Kingdome of Saudi Arabia Introduces Fatoora: A Unified E-Invoicing Platform – Are You Prepared for Phase II? ZIRA’s eInvoicing Solution Provides ZATCA-Compliant Automation for Your Business.
The Kingdom of Saudi Arabia has achieved a significant milestone by becoming the first GCC country to introduce an e-invoicing platform Fatoora, which serves as a unified point of entry for all B2C, B2B, and B2G e-invoices. This platform represents a vital step forward in the country’s efforts to digitize its economy and promote transparency.
With Phase I – Generation Phase already in progress, organizations have initiated the preparations for the forthcoming Phase II – Integration phase, which will be implemented in two stages, effective from 1st January 2023.
ZIRA e-Invoicing Solution is tailor-made to specific ZATCA requirements imposed for taxpayers in the Kingdom of Saudi Arabia. The fully ZATCA-compliant e-Invoicing solution will prepare your business for Phase I and Phase II, continuing advancements in VAT, and any further development of a broader tax regulatory framework.
With ZIRA e-Invoicing Solution, businesses can automate the issuance of invoices, credit notes in compliance with ZATCA requirements. The solution integrates seamlessly with the Fatoora platform, ensuring accurate invoice transactions and real-time or near-real-time VAT reporting.