VATupdate

Share this post on

Saudi Arabia Extends E-Invoicing Penalty Relief and Launches Wave 23 of Integration

  • Extended Penalty Relief Initiative: The Zakat, Tax and Customs Authority (ZATCA) has extended its fines and penalties relief initiative from July 1 to December 31, 2025, allowing registered taxpayers who submit outstanding VAT returns and pay principal tax dues to benefit from penalty cancellations.
  • Eligibility Conditions: To qualify for the relief, taxpayers must not have any tax evasion violations, penalties paid before July 1, 2025, or penalties on VAT returns filed after June 30, 2025. ZATCA encourages businesses to review the full eligibility guidelines on their official website.
  • Wave 23 E-Invoicing Integration: ZATCA’s Wave 23 mandates mid-sized businesses with annual revenues over SAR 750,000 to fully integrate with the FATOORA e-invoicing system by March 31, 2026, with direct notifications to affected taxpayers to assist in compliance.

Source Comarch


Click on the logo to visit the website


 

Sponsors:

Pincvision
VATIT Compliance

Advertisements:

  • Exchange Summit
  • Pincvision