Modern Financial Technology

Saudi Arabia

ZATCA-ready Odoo, audit and Virtual CFO for Saudi companies.

MFT serves Saudi companies with ZATCA phase-two compliant Odoo ERP implementation, internal audit programmes and Virtual CFO reporting, delivered on site and remotely in Arabic and English, with client data remaining on the client’s own systems in line with the Saudi Personal Data Protection Law.

Saudi finance teams face ZATCA phase-two integration, 15% VAT, zakat and withholding rules, and a data-protection law that decides where client data may live. MFT builds all of that into the implementation and the audit programme, and its own tax and zakat research covers the Egypt and Saudi treaty position for groups operating in both.

What compliance looks like here

  • ZATCA e-invoicing phase two: integration, clearance and reporting of invoices
  • VAT at 15%, zakat for Saudi and GCC-owned entities, and withholding on payments abroad
  • SOCPA standards and the annual external audit
  • Personal Data Protection Law: client data stays on the client’s own systems

How engagements run

  1. Discovery call in Arabic or English; on-site visits arranged for fieldwork
  2. First free report within 24 hours of receiving your last closed month
  3. Client data read from your own Odoo at query time and never copied out of the Kingdom
  4. Reports written for owners, boards and Saudi auditors

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What MFT delivers in this market

  1. Odoo ERP with ZATCA phase two

    Integration, clearance and reporting configured as part of the standard build, with zakat and VAT set per entity.

  2. Internal audit

    Risk-based programmes with ISA-classified findings, run on site in the Kingdom or remotely.

  3. Virtual CFO

    Monthly management packs and cash forecasts in Arabic or English, with a review call each month.

  4. Cross-border structuring

    Egypt and Saudi groups: treaty position, transfer of profits and consolidated reporting.

Questions from this market

Is your Odoo implementation ZATCA phase-two compliant?

Yes. Integration, clearance and reporting are part of the standard implementation, and the configuration is tested against the ZATCA sandbox before go-live.

Where does my data live?

On your own Odoo or ERP in the Kingdom. MFT and the MFT Intelligence agents read it at query time and do not copy it, in line with the Personal Data Protection Law.

Do you have a Saudi office?

Engagements are delivered on site in Saudi Arabia and remotely from Cairo. Fieldwork visits are scheduled as part of the engagement.

Talk to a CPA, not a sales rep.

A 30-minute call to understand your entity, your systems and what a decision-ready close would look like. Free, and you leave with one concrete next step.

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