- Saudi Arabian Tax and Customs Authority announced the eleventh wave of Phase 2 of e-invoicing
- The eleventh wave covers taxpayers with at least SAR 15 million revenue subject to VAT for 2022 or 2023
- Taxpayers in this group are expected to integrate by 1 November 2024
- Phase 2 introduces additional requirements for e-invoices
- Taxpayers must integrate their e-invoice generation solutions with ZATCA’s platform, FATOORA
- ZATCA provides a minimum six-month notice to affected taxpayers before enforcement dates
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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