E-Invoicing
(In Arabic: فوترة إلكترونية) A procedure aimed at converting the billing process and paper amendments into an electronic process that allows the exchange of invoices
مكتب رقم 12 برج بنك التنمية - حي الغدير، الرياض
مكتب رقم 12 برج بنك التنمية - حي الغدير، الرياض
(In Arabic: فوترة إلكترونية) A procedure aimed at converting the billing process and paper amendments into an electronic process that allows the exchange of invoices
(In Arabic: نشاط اقتصادي) This is a broad term referring to the business activities which are – in principle – subject to VAT. This is
(In Arabic: فاتورة إلكترونية) An invoice that is issued, saved, and modified in an electronic form organized through an electronic system, and contains all the
(In Arabic: تعديلات الفاتورة الإلكترونية) Debit notes and credit notes that must be issued in accordance with the VAT Law and its Implementing Regulation, and
(In Arabic: بضائع مستعملة مؤهلة) Goods prescribed by Zakat, Tax, and Customs Authority as eligible for calculating VAT based on profit margin.
(In Arabic:الفحص) An audit on the compliance of a Taxable Person with his VAT obligations, carried out by Zakat, Tax, and Customs Authority at the
(In Arabic: اتفاقية تبادل معلومات) An agreement concluded between a country and other countries to improve international tax compliance, which provides for the exchange of
(In Arabic: توريدات معفاة من الضريبة) Supplies on which the tax is not charged, and the associated input tax is not deducted, in accordance with
(In Arabic: رأي توضيحي) A legal opinion and statement issued by Zakat, Tax, and Customs Authority for explanatory purposes to respond to a ruling when
(In Arabic: تصدير السلع) Supply of Goods from any Member State to outside of the GCC Territory in accordance with the provisions of the Common