ZATCA said that the second group included all the establishments whose revenues are subject to value-added tax (VAT) and exceeded half a billion riyals in 2021.
It has clarified that it will notify all the targeted establishments in the second group, in preparation for linkage and integration of the systems of the e-invoicing of these establishments with the Fatoora platform as of July 1, 2023.
Source: saudigazette.com.sa
Latest Posts in "Saudi Arabia"
- ZATCA’s 2025 Guide: VAT Rules for E-Market Platforms and Deemed Supplier Obligations in KSA
- Saudi Arabia Revises Customs Tariffs, Increases Duties, and Updates HS Codes Effective 2025
- Saudi Arabia Extends ZATCA Tax Penalty Waiver Initiative Until June 2026
- Saudi Arabia Updates VAT Rules for Online Marketplaces, Amends Excise Tax on Sweetened Beverages
- Saudi Arabia Clarifies VAT Deemed Supplier Rules for Electronic Marketplaces
