- QR codes are mandatory in Saudi Arabia’s Phase 2 e-invoicing. They are only required for Simplified Tax Invoices, which contain less information than full invoices.
- The QR code encodes invoice data like supplier and customer information, product details, and amounts.
- Scanning the QR code with the ZATCA’s Fatoora app verifies the invoice’s authenticity by checking it against ZATCA records.
- QR codes benefit businesses by simplifying record-keeping and reducing errors. They also benefit the government by making it easier to track transactions and improve tax collection.
- QR codes are expected to become more widespread in e-invoicing systems globally as they offer transparency, security, and ease of use.
Source Medium
Latest Posts in "Saudi Arabia"
- ZATCA’s 2025 Guide: VAT Rules for E-Market Platforms and Deemed Supplier Obligations in KSA
- Saudi Arabia Revises Customs Tariffs, Increases Duties, and Updates HS Codes Effective 2025
- Saudi Arabia Extends ZATCA Tax Penalty Waiver Initiative Until June 2026
- Saudi Arabia Updates VAT Rules for Online Marketplaces, Amends Excise Tax on Sweetened Beverages
- Saudi Arabia Clarifies VAT Deemed Supplier Rules for Electronic Marketplaces
