- The Zakat, Tax and Customs Authority has defined the selection criteria for taxpayers in the Eighteenth Wave of the KSA e-invoicing Integration Phase
- Taxpayers with VAT-taxable revenue over SAR 2 million in 2022 or 2023 must integrate their e-invoicing systems with ZATCA’s Fatoora platform by August 31, 2025
- The Integration Phase builds on the Generation Phase which started on December 4, 2021, focusing on the generation and storage of e-invoices with required data fields
- Phase Two requires stricter compliance, including mandatory integration with ZATCA’s Fatoora platform and adherence to a prescribed invoice format
- Taxilla offers a middleware solution for seamless integration with ZATCA’s e-invoicing requirements in the 18th Wave
- Benefits of using Taxilla include comprehensive integration, automated compliance, real-time regulatory updates, scalability, flexibility, and a seamless transition from Phase One to Phase Two
Source: taxilla.com
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.