Zatka Sets Criteria for Group 25 Facilities
The Zakat, Tax and Customs Authority (ZATCA) announced the start of the second phase of electronic invoicing, which involves connecting the systems of establishments with revenues exceeding 187,500 SAR during the years 2022-2025 to the "Fatora" platform. Implementation will commence on February 1, 2027, along with informing establishments about the new technical requirements, such as issuing invoices in a unified format, as part of digital transformation efforts to enhance compliance and improve financial procedures.
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