Zatca Integration

ZATCA Integration aims to support businesses by automating tax compliance, eliminating manual errors, and providing real-time data synchronization with the government’s tax authority. It ensures that e-invoicing, tax returns, and customs duties are processed in accordance with the latest regulatory requirements, reducing the risk of penalties and audits.

Key Features:

1. E-Invoicing (FATOORAH) Compliance:
   • Supports the mandatory electronic invoicing regulations, enabling businesses to generate, store, and send VAT-compliant e-invoices in real time.
   • Ensures compliance with the two phases of e-invoicing implementation: Generation and Integration with ZATCA’s systems.
2. Automated VAT Calculations:
   • Automatically calculates VAT on sales and purchases, ensuring accuracy in tax submissions.
   • Provides up-to-date VAT rates based on ZATCA’s latest guidelines.
3. Real-Time Reporting:
   • Connects directly to ZATCA’s platform to submit tax returns, invoices, and customs declarations in real-time.
   • Ensures timely and accurate filing, reducing administrative delays and compliance risks.
4. Customs Duty Integration:
   • Streamlines customs clearance and duty payments by automating the declaration process and integrating with ZATCA’s customs systems.
   • Supports accurate duty calculation and submission for imported and exported goods.
5. Zakat Management:
   • Automates the calculation and filing of zakat obligations, ensuring that businesses meet their religious and legal requirements for zakat contributions.
6. Audit Trail & Security:
   • Provides a complete audit trail of transactions, tax filings, and customs declarations for transparency and accountability.
   • Data is encrypted and securely transferred to prevent unauthorized access or tampering.
7. Seamless Integration with ERP Systems:
   • Easily integrates with popular Enterprise Resource Planning (ERP) and accounting software, enabling businesses to synchronize their financial data with ZATCA’s platform.
   • Reduces manual data entry, errors, and the risk of non-compliance.
8. Tax Filing & Return Automation:
   • Automates the submission of VAT returns, making tax filing more efficient and reducing the risk of errors.
   • Provides real-time updates on tax liabilities, payments, and compliance status.

Benefits:

• Regulatory Compliance: Ensures that businesses adhere to the latest ZATCA regulations, avoiding fines and penalties for non-compliance.
• Operational Efficiency: Automates tax-related processes, reducing manual work and enhancing accuracy in financial reporting.
• Enhanced Transparency: Provides real-time visibility into tax and customs processes, ensuring all transactions are accounted for and reported correctly.
• Cost and Time Savings: Automating tax filing, invoicing, and customs declarations significantly reduces administrative costs and the time spent on regulatory tasks.
• Data Security: Ensures secure data transmission between business systems and ZATCA’s platform, protecting sensitive financial information.