Over 10 years we help companies reach their financial and branding goals. NABIT is a values-driven technology agency dedicated.

Contacts

Office No. 15, Building 471, Road No. 3513, Block No. 335, P O Box 21462, Umm Al Hassam Kingdom of Bahrain

contact@naibit.com

+96 6138900121

ZATCA Compliance & Solutions

 

KITAB is a ZATCA approved product developed by NAIB IT with extensive knowledge & landscape of compliance and the added responsibilities that taxpayers face with the implementation of new e-invoicing regulations. We have established our comprehensive e-invoicing system in KSA to help taxpayers meet their compliance requirements. With the assistance of NAIB’s EGS, taxpayers can easily manage their VAT and e-invoicing compliance requirements. E-invoicing is a crucial initial stage in the digital transformation of tax administrations, as it allows ZATCA to collect and analyze financial and tax data periodically or in real-time. On May 29, 2022, ZATCA released the Integration Phase of e-invoicing, which involves adopting new technical and business standards for electronic invoices and solutions, as well as integrating them with ZATCA’s systems.

NAIB IT is aware of how the landscape of compliance is evolving as well as the increased responsibility placed on taxpayers by the new e-invoicing regulations. We have set up our end-to-end EGS solution in KSA to assist taxpayers with their compliance. With the help of our solution, taxpayers can easily fulfill their e-invoicing and VAT compliance requirements.

e-Invoicing Generation Solution (EGS)

  • Hash Generation and Hash Chaining
  • Digital Signing
  • Sending Invoices to Tax Authority for Clearance
  • Scheduled Reporting of E-Invoices
  • Storage of Invoices in Defined Electronic Format

Our teams include group of Auditors & Technology specialists with extensive experience in dealing with VAT transformation and e-invoicing implementation in KSA and globally. As a customer, you will get full-fledged ZATCA Consultation & Delivery complying to KSA Government Standards. Our team of Auditors gets regular updates on latest ZATCA Compliance & Regulation and keep our clients posted on actions.