Zambia

ZRA (Zambia Revenue Authority) AnnouncesSmart Invoice Grace Period The Smart Invoice System is a pivotal initiative aimed at bolstering revenue integrity and optimising service delivery within Zambia’s tax administration.  The electronic invoicing system, officially launched by Finance and National Planning Minister, Situmbeko Musokotwane, on March 19, 2024, became mandatory starting July 1, 2024.  The ZRA […]

Zambia Adopts Smart Invoice for Tax Compliance Zambia is revolutionizing tax compliance with the introduction of the Smart Invoice system. Starting July 1, 2024, all VAT-registered businesses must adopt this software-based solution, replacing the current Electronic Fiscal Devices (EFDs).  Key Highlights: Important Steps: Stay Compliant: Familiarize yourself with the new invoicing requirements and integrate the