Turnover of more than SAR250m during calendar year 2021 or 2022 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 three waves, which were previously announced, are: This phase is being implemented in waves. Phase 2, effective from 1 January 2023, mandates integration of a taxpayer's system with the ZATCA, along with transmission of e-invoices and e-notes to the ZATCA.Phase 1, effective from 4 December 2021, mandates generation of e-invoices and e-notes, including related processing and record keeping.E-invoicing in Saudi Arabia is being implemented in two phases: On 4 December 2020, the ZATCA introduced e-invoicing in Saudi Arabia, releasing the E-Invoicing Regulation. (58897) dated AH, which was published in the Official Gazette on 28 April 2023 and mentions that the fourth wave of affected taxpayers should comply with the Phase 2 e-invoicing requirements within the period 1 November 2023 through 29 February 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 Decision No. On 28 April 2023, the Saudi Arabia Zakat, Tax and Customs Authority (ZATCA) announced on its website that taxpayers resident in Saudi Arabia that have a taxable turnover above SAR150m during the calendar year 2021 or 2022 will fall within the fourth 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 SAR150m during the year 2021 or 2022, should comply with the Phase 2 e-invoicing requirements beginning 1 November 2023.The Saudi Arabia Zakat, Tax and Customs Authority has announced the criteria for taxpayers to be included in the fourth wave of Phase 2 e-invoicing integration.Saudi Arabia announces fourth wave of Phase 2 e-invoicing integration

Waves invoicing