Companies managing disparate, outdated and/or on-premise tax solutions face a significantly higher total cost of ownership. This is due to the demands of an increasingly complex regulatory landscape which is being driven by the digital transformation of governments worldwide.
Saudi Arabia is leading the way for continuous transaction controls (CTCs) in the Gulf. Earlier this year, the Zakat, Tax and Customs Authority (ZATCA) announced the finalized rules for Phase 1 of Saudi Arabia’s e-invoicing regime, which goes live on the December 4, 2021. The question now is, are you prepared?
Partnering with VAT compliance experts is an effective way to ensure your business can continue trading with ease and without interruption.
Join Sovos’ Regulatory Counsel, Selin Ring, to find out:
- What’s changing as part of Phase 1 and how it affects your business
- How to prepare for Phase 2- CTC regime
- The proposed amendments to Saudi’s VATIR?
- How Sovos can manage your obligations in Saudi Arabia and beyond
