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E-invoicing – Saudi Arabia
Saudi Arabia (KSA) has mandated businesses to adopt E-invoicing from 4th December 2021. As per this new rule, all invoices much be electronically generated and include a cryptographic QR code stamp. See our article on E-invoicing for more information. We have developed a tool that generates the compliant QR code stamp and made it free to use.
How it works?
Simply fill the 5 fields below and press generate. Copy and paste this QR code to your respective invoice anywhere.
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Frequently Asked Questions
Why do I need this?
As part of Saudi Vision 2030, the Zakat, Tax and Customs authority mandated new requirements for business transactions within the kingdom. In phase 1 initiated on 4th Dec 2021 it was made compulsory to utilize E-invoices with embedded QR codes. The required code is not a simple QR code and must be developed for each invoice using a special hashing algorithm. The below tool has been developed by the mycrebit team to assist business adopting this requirement
What is a QR Code?
QR code sands for Quick Response Code and is a barcode invented in 1994. It used to conveniently store information in computer readable format.
Do QR codes expire?
QR codes do not expire as they contain static information within their barcode format. However you cannot edit the QR code manually as they may stop functioning
Is mycrebit storing my Data?
We do not save or reuse your data in any form. We cache your QR code for 24h on our server to optimize the performance of our algorithm.
Do I need to generate QR code for each reciept?
Each receipt will have its own unique invoice details and the QR code should not be reused on any other invoice or document.