The Gulf Cooperation Countries (GCC) have identified various strategies to adapt the financial system in their countries to the digital age. One of these is to switch to a digital e-Invoice and e-Receipt system to prevent tax evasion and improve organization through digitalization. The leading country in this regard is the Kingdom of Saudi Arabia (KSA), which has become a role model for similar efforts in other GCC countries.
- Kingdom of Saudi Arabia
- Oman
- Bahrain
- United Arab Emirates
- Egypt
Source: SNI
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