- ZATCA announced criteria for Group 16 taxpayers for e-invoicing integration
- Group 16 consists of businesses with an annual turnover of SAR 3 million or more in 2022 or 2023
- Taxpayers in Group 16 must integrate their invoicing systems with the FATOORA platform between April 1 and June 30, 2025
- The e-invoicing initiative aims to automate VAT invoice submission, minimize errors, and enhance transparency
- ZATCA has implemented a phased rollout of e-invoicing with specific compliance deadlines for different groups of taxpayers
- The e-invoicing initiative is part of Saudi Arabia’s strategy for economic growth and digital transformation
- UAE will be implementing e-invoicing from Q2 2026, according to the UAE Ministry of Finance
Source: mailchi.mp
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
