The Zakat, Tax and Customs Authority (ZATCA) has set criteria for selecting establishments for the thirteenth group of electronic invoicing, which includes all establishments with revenues subject to value-added tax exceeding 7 million riyals in 2022 or 2023. ZATCA will notify targeted establishments to connect their electronic billing systems with the (Fatura) system by January 1, 2025. The second phase has stricter requirements, involving connecting electronic billing systems with the Fatura system, issuing electronic invoices in a specific format, and adding additional elements. Implementation will be gradual, with subsequent groups notified at least six months before their linking date.
Source SNI
Click on the logo to visit the website
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Saudi Arabia"
- Saudi Arabia Seeks Feedback on Economic Substance Rules for Special Economic Zones
- 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
