BUSINESS TECHNOLOGY MEDIA FOR AFRICA

Arch Retail Systems now accredited Angolan POS service provider


Johannesburg, 05 Jul 2021

Angola implemented value-added tax (“VAT”) in 2019 and this regime is governed by the General Tax Administration (“AGT”). Because of the implementation of VAT in Angola, several legislative changes/revocations were implemented. See background information

Arch Retail embarked on the Angolan Compliance Project to ensure Angolan stores running on the Arch suite of products are compliant and in line with the requirements of AGT.

Arch Retail Software have now integrated the following:

• Legal regime of invoicing and equivalent documents requirement

• Include the name, firm, tax address, and tax number of the supplier

• Be duly dated, sequentially numbered

• Include details on the nature, quantity, and price of the goods and services, as well as the taxes due

• Be written in Portuguese and expressly mention that they were digitally processed

• Publish Standard Audit File for Tax (SAF-T)

• Certification of accounting/billing systems

Arch will continue to address the requirements of their African clients. Another example is the development and implementation of dual-currency capabilities for retailers in Zimbabwe:

Share

Editorial contacts
Marketing Executive OfficerDavid Geldenhuys+27(0)21-556 2724david@archsoftware.co.za
Read more


ITWeb proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 484 3612.
Copyright @ 1996 - 2025 ITWeb Limited. All rights reserved.