The Saudi Arabian Tax and Customs Authority (ZATCA) announced the 15th wave of Phase 2 of the e-invoicing initiative. The 15th wave includes taxpayers with a revenue of at least SAR 4 million (approximately USD 1.06 million) that were subject to VAT during 2022 or 2023. Taxpayers within this group are expected to integrate with the system as of March 1st, 2025. Phase 2 of the e-invoicing mandate introduces additional requirements for e-invoices. Taxpayers are expected to integrate their e-invoice generation solutions with ZATCA’s platform, FATOORA. ZATCA provides a six-month notice to affected taxpayers prior to their respective enforcement dates.
Source Sovos
- See also
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