- Saudi Arabian Tax and Customs Authority (ZATCA) announced the 17th wave of Phase 2 of the e-invoicing initiative
- The 17th wave includes taxpayers with a revenue of at least SAR 2.5 million subject to VAT during 2022 or 2023
- Taxpayers in this group are expected to integrate with the system by July 31st, 2025
- Phase 2 introduces additional requirements for e-invoices
- Taxpayers must integrate their e-invoice generation solutions with ZATCA’s platform, FATOORA
- ZATCA provides a six-month notice to affected taxpayers before their 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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