Debt supervisor at zakat, Tax and customs Authority Saudi Arabia axxxxxxxxs zatca.
As a result, the Authority issued Ministerial Resolution 1005 that allows the holding company and its fully owned directly or indirectly subsidiaries to file 100 % consolidated financial statements.
All the penalties for field violation would begin by alerting the establishment first and no financial fines would be imposed on first-time offenders.
In December 4, 2020, the authority published the E-invoicing regulations specifying the terms, requirements and conditions related to electronic invoices and its associated notes.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity.
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