What is Fatoora (E-Invoice)?
Fatoora is ZATCA initiative requiring businesses to replace paper invoices with standardized electronic invoices connected to ZATCA systems in real-time.
Who Must Comply in Real Estate?
- Licensed real estate offices registered for VAT (over 375,000 SAR threshold)
- Real estate development companies registered for VAT
- Individual owners registered for VAT only
Required Invoice Elements
- Lessor tax registration number
- Complete tenant data
- Service description (residential/commercial lease)
- Rental period
- Rent value and VAT separately
- Invoice QR code