Zakat, Tax and Customs Authority (ZATCA)

Concept & Definition

ZATCA is the official Saudi government entity responsible for collecting Zakat, VAT, and customs duties, alongside spearheading the national Fatoora e-invoicing mandate.

Why It Matters for Your Business

Compliance with ZATCA safeguards enterprises from heavy regulatory penalties, audits, and legal liabilities while upholding financial integrity.

Key Features & Functions

• Regulating and collecting statutory Zakat from assessed businesses.
• Administering Value Added Tax (VAT) and excise duties.
• Overseeing Phase 1 and Phase 2 e-invoicing compliance rollouts.

How Afkar Systems Handles This Concept

Afkar Systems ERP integrates directly via secure APIs with ZATCA for seamless Phase 2 compliance, transmitting certified XML invoices and cryptographic stamps automatically without manual intervention.

Practical Examples & Applications