North America

Saudi Arabia: Recent Updates on the E-invoicing Phase 2

Selin Adler Ring
July 5, 2022

Following the public consultation period, the Zakat, Tax and Customs Authority (ZATCA) in Saudi Arabia has published the amended E-invoicing Implementation Resolution. As previously mentioned, these amendments aim to clarify some requirements (e.g. Cryptographic Stamp, hash, counter etc.) rather than introducing new ones.

Moreover, together with the user manual a new Fatoora Platform made available for taxpayers, the new portal aims to onboard the user’s Electronic Generation Solution (EGS) Unit by generating a cryptographic stamp identifier or by renewing the existing one or revoking it. In addition, the user can view the list of onboarded solutions and devices. Additionally, a new detailed technical guideline explaining onboarding, issuance, clearance and reporting processes in detail, has been made available.

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Author

Selin Adler Ring

Selin is Regulatory Counsel at Sovos. Based in Stockholm and originally from Turkey, Selin’s background is in corporate and commercial law, and currently specializes in global e-invoicing compliance. Selin earned a Law degree in her home country and has a master’s degree in Law and Economics. She speaks Russian, Arabic, English and Turkish.
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