Highlights
- A tax invoice that is issued and saved through an electronic means
- A paper invoicel that is converted into an electronic form through copying, scanning, or any other method, is not considered an electronic invoice
- Regulation is applicable to taxable person residing in the KSA
- A non-resident taxable person is not obligated to issue electronic invoices
- Technical specifications and procedural rules are outlined
- Public consultation ends Oct 17, 2020
Unofficial translation
Public comments on the draft electronic billing list
The General Authority for Zakat and Income announced that it has started receiving public opinions and suggestions regarding the draft “electronic billing regulation”, which was recently published by the Authority on its website ( gazt.gov.sa ) .
The authority stated that the regulation aims to reduce administrative burdens on taxpayers, raise the percentage of tax commitment, and limit the volume of hidden economy transactions, in addition to combating commercial concealment, as the regulation will work to regulate the process of issuing electronic invoices and keeping them with the taxpayers.
Zakat and Income added that the regulations stipulate the provisions related to electronic invoices, their requirements and conditions, for the purposes of VAT.
The General Authority for Zakat and Income called on interested parties, including stakeholders and the public, to express their opinions and submit their proposals on the draft “electronic billing regulation”, no later than the seventeenth of October of this year, 2020 AD.
The draft regulations can be accessed by clicking on the link ( here ), and then sending opinions and suggestions by filling out the
form, the survey form. Docx, and then sending them to the Authority via the following e-mail: ( [email protected] )
Source GAZT
Unofficial translation of the draft regulation
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