Saudi Arabia will start its introduction of a new e-invoicing system from 4 December 2021. The mandate will require all taxable persons residing in the Kingdom to generate, process and store e-invoices electronically. In this episode of the Sovos Expert Series, Harri Vivian sits down with Selin Ring, Regulatory Counsel at Sovos, to explain how Saudi Arabia is leading the Gulf Region towards continuous transaction controls.
Listen as she answers your most critical questions:
Question 1: Can you give us a high-level overview a to what the E-Invoicing Regulation requires?
Question 2: What are the rollout dates for the e-invoicing mandate?
Question 3: As Saudi Arabia leads the way towards CTCs in the Gulf Region, will its neighbours follow the Kingdom towards mandatory e-invoicing?