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From Wikipedia, the free encyclopedia
The Fatoora Platform is an electronic invoicing (e-invoicing) system developed by the Zakat, Tax and Customs Authority (ZATCA) in Saudi Arabia to facilitate the transition from paper-based invoicing to digital invoicing. It serves as a central system for businesses to onboard their e-Invoice Generating Solution (EGS) units and generate compliant e-invoices under Saudi regulations.[1][2][3]
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Developer(s) | Zakat, Tax and Customs Authority (ZATCA) |
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Initial release | August 24, 2021 |
Type | E-invoicing software |
Website | fatoora |
The platform was created to address significant challenges in the traditional invoicing process, including inefficiencies, transparency issues, and the high prevalence of tax evasion and fraud. By automating and centralizing the invoicing process, Fatoora aims to improve tax compliance, administrative efficiency, and data accuracy.[4][5][6]
Fatoora incorporates several security measures, including:[10][11][12]
The implementation of the Fatoora Platform has been a significant step towards digital transformation in Saudi Arabia, aligning with the goals of Saudi Vision 2030 by improving operational efficiencies and supporting economic development.[13][14]
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