The advantages of e-invoicing with Us
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Achieve 100% digital invoice handling by connecting to our network
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Ensure invoicing and tax compliance everywhere you operate
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Integrate into any system without new interfaces or interrupting operations
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Guarantee correct data on all your inbound and outbound invoices
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Inbound and outbound e-invoicing solutions
1
Generation Phase
The Phase-1 of e-Invoicing in The Kingdom of Saudi Arabia was implemented on 4th December 2021, whereby all taxpayers subject to VAT (excluding non-resident taxpayers) were required to generate and store invoices through an e-invoicing or electronic billing software, as per ZATCA guidelines.
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Integration Phase
Phase 2 Followed by the successful implementation of Phase 1, the second phase, or the ‘Integration Phase’ of e-Invoicing was introduced and implemented in waves, whereby targeted groups were selected, based on their taxable income..
Waves to Follow
How does the integration between Collatree and your ERP or POS system work?
The process involved
Let Collatree handle the technical intricacies of adapting your documents to the ZATCA standard and ensuring ongoing compliance. Prepare your business ahead of time and meet all e-invoicing requirements by connecting to our open, global business network. Find below the process involved in creating invoices that comply with Saudi Arabian regulations
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The e-invoicing landscape is constantly evolving. By choosing Collatree, you not only meet current compliance requirements but also future-proof your business. We keep you updated with the latest developments, ensuring that you stay one step ahead of regulatory changes.
FAQs
01
What is e-invoicing?
E-invoicing is a method designed to transition the invoicing process from a paper-based system to a digital one. This process facilitates the exchange and handling of invoices, credit notes, and debit notes in a well-organized electronic format between both buyers and sellers. It is accomplished through the utilization of an integrated e-invoicing solution.
02
What are e-invoicing enforcement dates?
E-invoicing will roll out in two stages: Phase One, called the Generation phase, was enforced beginning December 4, 2021. Phase Two, known as the Integration phase, is scheduled to commence on January 1, 2023, with a phased approach targeting specific taxpayer groups.
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What are the requirements for each phase?
The requirement phasing is summarized here (Click to see). For additional details, please check the simplified guideline
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Should E- invoice be in English or Arabic?
All the data fields that are visible on the human readable form of the invoice must be in Arabic. VAT Regulations require the Tax Invoices and Simplified Tax Invoices (along with corresponding credit notes or debit notes) to be in Arabic mandatorily. Invoice can be bilingual and include English as well.
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When should you issue an e-invoice?
E-invoices should be issued for all tax invoices, including export sales and other zero-rated supplies. Credits and debit notes should also be provided electronically. However, e-invoicing is not applicable for exempt supplies, the import of goods, and supplies under the reverse charge mechanism.