A property back office for Saudi Arabia
VAT in Saudi Arabia is 15%, collected by ZATCA. FATOORA phase 2 requires UBL XML invoices with a cryptographic stamp and QR code, real-time clearance for B2B invoices and reporting of simplified invoices within 24 hours. Wave 25 covers taxpayers with VAT-subject revenue above SAR 187,500 in any year from 2022 to 2025 and must integrate by 1 February 2027. Tax invoices must include Arabic, and RealMake prints those fields. REGA oversees the sector, Wafi governs off-plan sales, Ejar registers leases and the 5% Real Estate Transaction Tax applies to disposals.