- Announcement of the 23rd Wave: On June 27, 2025, Saudi Arabia’s Zakat, Tax, and Customs Authority (ZATCA) announced that taxpayers with a taxable turnover exceeding SAR 750,000 in 2022, 2023, or 2024 must comply with Phase 2 e-invoicing requirements by March 31, 2026.
- Integration Timeline: Taxpayers falling within this 23rd wave will be notified by ZATCA to link and integrate their electronic invoicing systems with the ZATCA’s platform (Fatoora) during the period from January 1, 2026, to March 31, 2026.
- Compliance Implications: Affected businesses are encouraged to prepare their IT systems for e-invoicing compliance to avoid potential penalties, while those not in the first 23 waves should stay informed about future integration timelines from ZATCA.
Source EY
- Integration Phase Announcement: The Zakat, Tax and Customs Authority (ZATCA) has revealed the criteria for the 23rd wave of taxpayers required to integrate their electronic invoicing (e-invoicing) systems.
- Targeted Taxpayers: This wave targets all taxpayers whose VAT-liable revenues exceeded SAR 750,000 during the years 2022, 2023, or 2024.
- Compliance Deadline: VAT-registered taxpayers that meet the specified criteria must integrate their e-invoicing solutions with the Fatoora platform by March 31, 2026.
Sources:
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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