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Hatice Ozcan
Jul 17, 2024
The Saudi Arabian Tax and Customs Authority (ZATCA) has announced the 13th wave of Phase 2 of e-invoicing.
This wave includes taxpayers with at least SAR 7 million (approximately USD 1.8 million) in VAT-subject revenue for 2022 or 2023. These taxpayers are required to integrate by January 1, 2025.
Phase 2 of e-invoicing introduces additional requirements for e-invoices, necessitating that taxpayers connect their e-invoice generation solutions to ZATCA’s platform, FATOORA. ZATCA provides a minimum six-month notice to the affected taxpayers before their enforcement dates.
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