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
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Saudi Arabia"
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance
- Saudi Arabia Launches VAT Refund Service for Tourists to Boost Economic Diversification and Tourism
- Saudi Arabia Launches VAT Refund Program for Tourists to Boost Tourism and Retail Growth
- 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
