Alper Aladag
Feb 13, 2025
Saudi Arabia: 20th Wave of Taxpayers in Scope of Phase 2 of E-Invoicing Announced
The Saudi Arabian Tax and Customs Authority (ZATCA) announced the 20th wave of Phase 2 of the e-invoicing initiative. The 20th wave includes taxpayers whose revenues subject to VAT exceeded SAR 1.5 million (approximately USD 399K) during 2022 or 2023. Taxpayers within this group are expected to integrate with the system as of October 31, 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.
Ensure compliance with the new structured e-invoice format.
Adopt real-time reporting mechanisms for seamless data exchange.