- Saudi Arabia’s Tax and Customs Authority (ZATCA) announced the 20th wave of Phase 2 of the e-invoicing initiative.
- The 20th wave includes taxpayers whose VAT-subject revenue exceeded SAR 1.5 million (approximately USD 399,000) in 2022 or 2023.
- These taxpayers must integrate with the system by October 31, 2025.
- Phase 2 of the e-invoicing mandate requires taxpayers to integrate their e-invoice generation solutions with ZATCA’s platform, FATOORA.
Source: sovos.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.
