Zakat, Tax and Customs Authority (ZATCA) determined the criteria for selecting the targeted taxpayers in the third wave for implementing the “Integration Phase” of E-invoicing, as it clarified that the third wave included all taxpayers whose revenues subject to VAT exceeded (250 Million Saudi Riyals) during 2021 or 2022. VAT registered taxpayers meeting the criteria should integrate their e-invoicing solutions with (FATOORA) Platform starting from October 1, 2023.
Source Zatca
