It is often difficult to get budgetary approval for an initiative that makes the process streamlined or lives of people easier. Same may not to be true though when it…
Devil is in the details! and Phase 2 of the e-invoice project; - the most transformative in the financial, taxation and regulatory landscape of the Kingdom - is a true…
A very important milestone is achieved by ZATCA through the launch of the Developer portal for Phase 2. ZATCA ANNOUNCEMENT Zakat, Tax and Customs Authority (ZATCA) is pleased to announce…
If you are a VAT registered entity in the Kingdom of Saudi Arabia chances are that one thing on your mind right now must be ZATCA E Invoice Phase 2…
As the E-Invoice generation deadline of Dec 4th,2021 is approaching fast we are pleased to share that Zakat,Tax and Customs Authority (ZATCA) has named Hyphen Consultancy’s GoFatoorah as the qualified…
Kingdom of Saudi Arabia on numerous fronts including economy and public financial management has been going through various transformational changes since last few years. Conversion to International Financial Reporting Standards…
invoices & e-invoices 𝗲-𝗶𝗻𝘃𝗼𝗶𝗰𝗶𝗻𝗴 is the exchange of an electronic invoice document between a supplier and a buyer. The word “e” is an interesting one. For a fruit vendor running…
As part of bringing transparency in the entire value chain of business transactions and for plugging the tax gap, Saudi Arabia started moving towards adopting the e-invoicing in the kingdom.…