What is the Jordanian National Billing System?
The Jordanian Invoicing System is an integrated central electronic system specialized in issuing and delivering electronic invoices, and completing collection and payment transactions digitally and with greater accuracy by adopting electronic technologies to transform from traditional paper invoices, in compliance with tax requirements in the Hashemite Kingdom of Jordan. The Jordanian Electronic Invoicing System connects the basic links that constitute and control commercial activities, transactions, and practices, namely the Jordanian Income Tax Law, the Income and Sales Tax Department, natural or legal persons, goods, services, and finally, the most important link, the invoice, which documents transactions by describing the goods or services, their quantities and prices, and the amount of tax imposed on them in accordance with the terms and conditions of the system.
<p>The Jordanian e-invoicing system is a positive outcome of the Jordanian government's drive to facilitate the implementation and application of tax services for those obligated to pay them, as well as compliance with state legislation and regulations in managing tax transactions with flexibility and smoothness within an integrated digital system that includes everyone without discrimination. Accordingly, Regulation No. 34 of 2019, titled "Regulation and Control of Invoicing Affairs," was issued under Article 23 of Jordanian Income Tax Law No. 23 of 2014. It was officially implemented and applied to companies and establishments by the Income, Tax and Sales Department of the Ministry of Finance in Jordan starting in December 2022. This article provides a comprehensive guide to the Jordanian National Invoicing System, the importance and method of registering in the e-invoicing system, and the components of an electronic invoice in the Jordanian commercial system. You will find all this and more information in a clear and detailed manner to fully understand everything related to the system.</p> <p>What is the Jordanian National Invoicing System?<br /> The Jordanian Invoicing System is an integrated central electronic system specialized in issuing and delivering electronic invoices, completing collection and payment transactions digitally and with greater accuracy by adopting electronic technologies to transform from traditional paper invoices. This is in compliance with tax requirements in the Hashemite Kingdom of Jordan. The Jordanian Electronic Invoicing System connects the essential components that govern business activities, transactions, and practices: the Jordanian Income Tax Law, the Income and Sales Tax Department, natural or legal persons, goods, services, and, finally, the most important component: the invoice, which documents transactions by describing the goods or services, their quantities and prices, and the amount of tax imposed according to the system's terms and conditions.</p> <p>Read also: Complete Steps to Connect to the Jordanian National Invoicing System</p> <p>The Importance of Registering in the Electronic Invoicing System<br /> The benefits of registering in the Jordanian Electronic Invoicing System are as follows:</p> <p>Speeding through tax transactions and declarations submitted by taxpayers, and accelerating the process of obtaining an income tax clearance certificate.</p> <p>Eliminating the burden of manually transferring invoices and financial statements to the auditors' offices of the Income and Sales Tax Department of the Hashemite Kingdom of Jordan.</p> <p>Reducing the problems of manual accounting and financial auditing required for tax requirements, as well as avoiding the loss of important financial data, which entails additional financial burdens.</p> <p>Increasing the efficiency of business operations and enhancing transparency, credibility, and accountability in the Jordanian business environment and economic sector.</p> <p>Combating tax evasion attempts through clear standards applied fairly by the Jordanian invoicing system to all without exception.</p> <p>Assisting the state in identifying the true revenues generated by institutions and entities from commercial activities and tracking suspicious commercial activities to eliminate them.</p> <p>The Jordanian invoicing system enhances the protection of buyer and seller rights from the risks of theft and fraud resulting from dealing with forged or questionable paper invoices, providing a secure commercial environment based on advanced artificial intelligence security technologies that keep pace with technological developments in the digital age.</p> <p>Providing the necessary support from specialized and trained teams in the Jordanian e-invoicing system to help companies achieve electronic integration with the national invoicing platform.</p> <p>Multiple options are available to enable organizations of all sizes and business activities to submit tax invoices to the Jordanian Tax and Income Department through the electronic platform, mobile application, or API.</p> <p>All invoices are securely stored in the massive database of the electronic invoicing system, with extensive security measures in place to prevent data breaches or damage.</p>