ZATCA introduced e-invoicing in KSA in 2 phases starting from December 4, 2021. E-invoicing is the electronic generation and storage of invoices using specific solutions. It is mandatory in KSA and implemented in two phases. Phase 1 requires compliant e-invoicing without reporting to the portal, while Phase 2 mandates integration with ZATCA’s system starting January 1, 2023. E-invoices contain details such as invoice date, seller/buyer information, and particulars of goods/services provided.
Source Fintedu
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Saudi Arabia"
- Saudi Arabia Introduces VAT Refund Program for Tourists and GCC Nationals to Boost Tourism
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance
- Saudi Arabia Launches VAT Refund Service for Tourists to Boost Economic Diversification and Tourism
- Saudi Arabia’s ZATCA Phase 23 E-Invoicing: Key Compliance Steps for 2025 Roll-Out
- Saudi Arabia Introduces VAT Refund Program to Boost Tourism and Shopping Experience
