The Saudi Arabian Tax and Customs Authority (ZATCA) announced the 16th wave of Phase 2 of the e-invoicing initiative. The 16th wave includes taxpayers with a revenue of at least SAR 3 million (approximately USD 800.000) subject to VAT during 2022 or 2023. Taxpayers within this group are expected to integrate with the system as of April 1st, 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. ZATCA provides a six-month notice to affected taxpayers before their respective enforcement dates.
