Almajdouie Holding is a strategic partner in the electronic invoicing project

Almajdouie Holding has participated as a strategic partner in the "Electronic Invoicing" project, which was implemented in collaboration with the Zakat, Tax, and Customs Authority. This achievement reflects Almajdouie's ongoing commitment to supporting digital transformation and innovation in the business sector.

The electronic invoicing systems of several subsidiaries of Almajdouie Holding were connected, including Almajdouie Motors Limited Company, Almajdouie Logistics, Rayah for Finance, Almajdouie Industries Limited Company, Almajdouie Education and Training Limited Company, and Ra'ed Advanced Investment Limited Company, using the "Fatoora" electronic invoicing platform. Electronic invoices were issued according to a specific format, and several additional elements were included in the invoices.

The Zakat, Tax, and Customs Authority confirmed that the second phase of the electronic invoicing project is an extension of the economic renaissance and digital transformation witnessed by the Kingdom. This is a continuation of the success story that began with the first phase of implementing electronic invoicing, which achieved numerous positive results, including enhancing consumer protection throughout the Kingdom.

This successful collaboration between Almajdouie Holding and the Zakat, Tax, and Customs Authority serves as a prominent example of the role that the private sector can play in supporting national transformations and achieving the Kingdom's ambitious vision.
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