The Zakat, Tax and Customs Authority (ZATCA) is implementing its E-Invoicing (Fatoora) system, impacting the retail sector significantly. Retailers issue Simplified Tax Invoices for B2C sales, which don’t require full buyer details. Phased implementation requires retailers to generate and electronically archive these invoices. Compliance benefits include reduced costs and improved consumer protect... Read more

New tax regulations mandate biometric authentication for legal representatives during electronic invoice registration and updates, using facial recognition technology to enhance identity verification and reduce fraud in tax administration. Legal representatives registering or updating electronic invoice information will soon be required to complete biometric authentication under new tax regulation... Read more

The Colombian Tax and Customs Authority (DIAN) has enhanced electronic invoicing validation, implementing stricter real-time audits to uncover discrepancies and tax non-compliance. Companies with manual processes are most at risk. Consequences include investigations and penalties. Experts advise automation and integration of systems to mitigate risks and ensure compliance. The Colombian Tax and Cu... Read more

China is expanding its instant tourist VAT refund system to make tax-free shopping easier for foreign visitors and support inbound tourism. From 1 July 2026, refund claims below CNY 10,000 will face only random customs checks, reducing queues at departure points. The reform also expands authorised refund stores, promotes digital processing, and gives tourists 28 days to leave China and validate cl... Read more

Vietnam's new Law on Tax Administration expands e-invoicing to overseas businesses on digital platforms starting July 2026, enabling registration for foreign suppliers from June 1, 2025. The 2019 e-invoicing framework has been replaced by a new Law on Tax Administration in Vietnam, which broadens the scope of e-invoicing to specifically cover overseas businesses and individuals using digital platf... Read more

ZATCA's Wave 23 of Phase 2 e-invoicing integration targets VAT-registered businesses in Saudi Arabia with taxable turnover over SAR 750,000 for 2022-2024. Integration with Fatoora must be completed by 31 March 2026. Requirements include API connectivity, compliant invoice formats, QR codes, and real-time reporting. Early preparation aids compliance and operational efficiency. ZATCA has announced W... Read more