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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Bandar al-Mosalam

Saudi Arabia Issues E-Billing to Support SMEs

Saudi Arabia Arabia Asharq Al-Awsat Kingdom
Saudi Arabia launched e-billing last December to facilitate the procedures for taxpayers (Asharq Al-Awsat)

The Saudi cabinet announced that the Zakat, Tax and Customs Authority has the right to offer financial support to targeted institutions on the e-billing list whose annual revenues do not exceed $813,000.

Several specialists told Asharq Al-Awsat that Saudi Arabia aims to stimulate and develop small and medium enterprises (SMEs) to achieve the Kingdom’s economic plan goals.

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