The Zakat, Tax and Customs Authority (ZATCA) on 23 December 2022, announced the second wave for implementing electronic invoicing (e-invoicing) from 1 July 2023. This wave will cover the taxpayers whose sales subject to value added tax (VAT) exceeded SAR 500 million for the year 2021.
Source KPMG
Latest Posts in "Saudi Arabia"
- New VAT Rules: When Marketplaces Must Account for VAT Instead of Individual Sellers
- Saudi Arabia VAT: New Deemed Supplier Rules for Electronic Marketplaces Effective January 2026
- Saudi Arabia Issues Bylaws Establishing Tax and Regulatory Framework for Special Economic Zones
- Saudi Arabia Issues Implementing Regulations for Special Economic Zones, Introducing Tax and Customs Incentives
- 3 countries offering grace periods for e-invoicing mandates
