Region
Saudi VAT, riyals,
and Fatoora fields.
Pick Saudi Arabia and Vinance sets 15% VAT, the riyal, and bilingual Arabic and English invoices carrying the QR code and VAT numbers ZATCA e-invoicing requires. Your VAT return reconciles straight to the ledger.
Set it once
Pick Saudi Arabia, and 15% follows every line.
Choose the Saudi profile and Vinance sets your base currency to the riyal, applies the 15% standard VAT rate that took effect in July 2020, and produces tax invoices in Arabic and English. A domestic sale of SAR 40,000 carries SAR 6,000 of VAT and totals SAR 46,000, with both parties' VAT registration numbers on the document, exactly as a standard tax invoice must show.
- Saudi riyal as your base currency, formatted correctly
- 15% standard rate applied to every taxable line automatically
- Bilingual Arabic and English tax invoices out of the box
- Buyer and seller VAT numbers captured on standard invoices
TAX INVOICE 1042
SAR 40,000 net plus 15% VAT. A standard tax invoice carries both parties' VAT registration numbers and prints in Arabic and English.
Built for ZATCA e-invoicing
Fatoora fields, on every invoice you raise.
Saudi Arabia's e-invoicing mandate, run by ZATCA under the Fatoora programme, has been in force since December 2021. Vinance builds invoices to that shape: a standard tax invoice for business customers and a simplified invoice for retail, each with the seller VAT number, the issue timestamp, the VAT total, and a scannable QR code encoded in the required format. You keep issuing invoices the way you always have; the compliance fields come with them.
- Standard (B2B and B2G) and simplified (B2C) invoice types
- A TLV-encoded QR code on every invoice, ready to scan
- Seller VAT number, timestamp, and VAT breakdown captured
- Direct clearance and reporting to the Fatoora platform is planned
SIMPLIFIED SR-2291
Every invoice carries the seller VAT number, timestamp, VAT total, and a scannable QR code. Direct clearance and reporting to the Fatoora platform is planned.
Filing, not arithmetic
A VAT return that reconciles to your ledger.
Because every taxed line posts to the books, your VAT return is a live report, not a spreadsheet you rebuild each quarter. Vinance nets output VAT on sales against input VAT on purchases, keeps zero-rated exports and exempt supplies in their own boxes, and shows the transactions behind each figure. Zakat, the separate wealth levy on Saudi and GCC-owned businesses, is a different filing from VAT; Vinance keeps your VAT position clean so that reconciliation stays simple.
- Output less input VAT, netted to what you owe
- Zero-rated exports and exempt supplies kept separate
- Drill from any box to the invoices and bills behind it
What the profile configures
Everything the Saudi profile sets up.
Turn it on once, and these follow through sales, purchases, and reports for the whole company.
Saudi riyal (SAR)
Base currency set to the riyal, with the right symbol and formatting on every document and report.
15% standard VAT
The standard rate that replaced 5% in July 2020, applied automatically to every taxable line.
Zero-rated exports
Exports and qualifying international transport carried at 0%, kept in their own return box.
Exempt categories
Treatments for exempt supplies such as certain financial services and residential leases.
Bilingual invoices
Tax invoices that print in Arabic and English, with both parties' VAT numbers on standard invoices.
QR code & ZATCA fields
A scannable QR code, seller VAT number, and timestamp on every invoice, in the Fatoora format.
Frequently asked questions
What VAT rate does the Saudi Arabia profile use?
15%, the standard rate that replaced the original 5% in July 2020. Vinance applies it to every taxable line automatically, and keeps zero-rated exports and exempt supplies in their own treatments.
Does Vinance support ZATCA e-invoicing (Fatoora)?
Vinance builds invoices to the ZATCA format: standard invoices for business, simplified invoices for retail, each with the seller VAT number, a timestamp, the VAT total, and a scannable QR code. Direct clearance and reporting to the Fatoora platform is planned.
Can Vinance print invoices in Arabic?
Yes. The Saudi profile produces bilingual Arabic and English tax invoices, with both parties' VAT registration numbers shown on standard invoices as the rules require.
Does Vinance handle Zakat as well as VAT?
Zakat is a separate filing from VAT and is calculated on your Zakat base rather than on sales. Vinance keeps a clean VAT return that reconciles to the ledger; Zakat reporting is handled outside the VAT return.
Can I invoice in another currency and still stay compliant?
Yes. You can bill a foreign customer in their currency while your accounts and VAT stay in riyals; Vinance records the rate and revalues open balances at period end. See multi-currency & tax.
Move your books off the spreadsheet.
Invoices to bank feeds, payroll to financial statements. One platform, priced by the company and not the seat, on web and desktop.
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