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KSA Tax Authorities to subsidize the purchase of e-invoicing Software solutions for Taxpayers

The Zakat, Tax and Customs Authority (“ZATCA”) – The tax authority in the Kingdom of Saudi Arabia has introduced a new electronic service in its taxpayers portal (ERAD) wherein businesses may request a subsidy to cover all or part of the cost for procuring an e-invoicing solution for their business.

The service is available in the ERAD portal after successful login and selecting the icon “E-invoicing Subsidy Request”. To submit a request, the taxpayer is requested to furnish the authority with some details regarding the procurement including, invoice number, amount, date of purchase, the invoice, name of the e-invoicing solution provider, a copy of the e-invoice, purchase receipt etc.

Contribution by Abdul-Nafiu Mohammed – Indirect Tax Manager | VAT & RETT | Executive Director

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