Jordan’s JoFotara: National Electronic Invoicing System for Transparency and Tax Compliance

• Jordan is preparing for the widespread adoption of electronic invoicing through the JoFotara system
• The initiative is led by the Income and Sales Tax Department and the Ministry of Digital Economy and Entrepreneurship
• The objective is to create a national electronic invoicing solution for transparency in transactions
• The deadline for registering with JoFotara is the end of May 2024
• Companies not registered may face penalties
• B2G transactions are restricted to companies registered on JoFotara
• Private companies are encouraged to ensure compliance with Jordan’s e-invoicing mandate.

Source: edicomgroup.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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