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Compliance with Zimbabwe’s Fiscalization Data Management System: Requirements and Implications

  • Manufacturers of fiscal devices in Zimbabwe must update and upgrade their devices by December 31, 2023.
  • Registered operators must engage with approved suppliers to enhance their fiscal devices and point-of-sale systems.
  • The requirements are outlined in Public Notice 50 of 2023.
  • Registered operators with centralized server and data storage facilities can choose to employ the virtual fiscalization platform.
  • Point-of-sale systems should be installed with upgraded approved fiscal devices or virtual applications.
  • The devices or applications should have the necessary features required by the legislation.
  • Compliance with FDMS will be a requirement for the issuance of Tax Clearance Certificates.

Source: fiscal-requirements.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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