The General Authority of Zakat and Tax (GAZT) has recently published new document exchange regulations, including both technical specifications and procedural rules concerning the implementation of mandatory e-invoicing across the Kingdom of Saudi Arabia.
In the light of these regulations, e-invoicing will become mandatory as of December 4, 2021, for Saudi Arabian taxable persons and third parties issuing tax invoices on behalf of a taxpayer that is subject to VAT (Phase One).
Phase Two focusing on, among other processes, the integration with ZATCA systems, will start on January 1, 2023.
Comarch continues to grow in the key sectors of the economy, including retail, finance, telecommunications, banking and insurance, public administration, and healthcare.
The company has recently expanded its global footprint by entering the GCC region, providing our products and services in countries such as the Kingdom of Saudi Arabia, the United Arab Emirates, Qatar, Oman, Bahrain, and Kuwait.