Pagero sees growing demand as Saudi Arabia mandate approaches
With the 4 December deadline of the Saudi Arabia e-invoicing mandate approaching, Pagero is experiencing a significant increase in market interest – both locally and internationally.In December 2020, the Zakat, Tax and Customs Authority (ZATCA) announced a country wide e-invoicing mandate. With the aims to reduce shadow economy, increase adaption of tax returns and to promote fair business competition, all tax paying businesses are mandated to generate, store and report invoices electronically. There is a phased roll out planned with the first deadlines starting from 4 December 2021.