![]() ![]() Resident businesses falling under the above waves have already been notified by the ZATCA to comply with Phase 2 of e-invoicing as per their applicable timelines.īased on the latest announcements, the ZATCA will commence notifying the relevant taxpayers who fall within the third wave of Phase 2 e-invoicing integration, to go-live within the period 1 October 2023 to 31 January 2024. Turnover of more than SAR500m up to SAR3b during calendar year 2021 Turnover of more than SAR3b during calendar year 2021 ![]() The criteria and timelines for the first two waves, which were previously announced, are outlined below: This phase is being implemented in waves. This phase mandates integration of a taxpayer’s system with the ZATCA, along with transmission of e-invoices and e-notes to the ZATCA. Phase 2 is effective from 1 January 2023. This phase mandates generation of e-invoices and e-notes, including provisions related to its processing and record keeping. Phase 1 is effective from 4 December 2021. ![]() E-invoicing in Saudi Arabia is being implemented in two phases: On 4 December 2020, the ZATCA introduced e-invoicing in Saudi Arabia through the release of the E-Invoicing Regulation. (54252) dated AH which mentions that the third wave impacted taxpayers should comply with the Phase 2 e-invoicing requirements starting from 1 October 2023 through 31 January 2024. The ZATCA will notify the impacted taxpayers, in preparation for linking and integrating their electronic invoicing systems with the ZATCA’s e-invoicing platform (Fatoora).įurther, the ZATCA Governor has issued Administrative Resolution No. On 24 March 2023, the ZATCA announced on its website that taxpayers that are resident in Saudi Arabia and have a taxable turnover above SAR250m during the calendar year 2021 or 2022, will fall within the third wave of Phase 2 e-invoicing integration and should comply with the Phase 2 requirements. Taxpayers that are resident in Saudi Arabia, with a taxable turnover above SAR250m during the year 2021 or 2022, should be compliant with the Phase 2 e-invoicing requirements starting from 1 October 2023. The Saudi Arabia General Authority for Zakat, Tax, and Customs Authority (ZATCA) has announced the criteria for taxpayers to be included in the third wave of Phase 2 e-invoicing integration. Saudi Arabia announces third wave of Phase 2 e-invoicing integration ![]()
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