The second phase of the roll out of mandatory e-Invoicing in the Kingdom of Saudi Arabia (KSA) began on 1st January 2023.
This phase, referred to as the “integration phase”, will roll out in two waves based on annual revenue. Wave 1 will run from January to June 2023 for the largest enterprises above 3bn SAR, with wave two for companies with more than 0.5bn SAR revenue running from 1st July to 31st December 2023.
Source blogs.opentext.com
Latest Posts in "Saudi Arabia"
- Saudi Arabia to Launch E-Invoicing Wave 24 by June 30, 2026
- Saudi Arabia Announces Criteria for 24th Wave of VAT E-Invoicing System Integration
- Mandatory Shipment Certificate for Imports to Saudi Arabia Starting October 2025
- Saudi Arabia Introduces VAT Refund Program for Tourists and GCC Nationals to Boost Tourism
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance
