Saudi Arabia Announces Criteria for Next Wave of VAT E-Invoicing Integration

• The Saudi General Authority of Zakat and Tax (GAZT) announced the selection criteria for the twenty-first wave of linking and integrating taxpayer VAT e-invoicing systems into the Fatoora system.
• The twenty-first wave of e-invoicing integration will begin no later than November 30, 2024, for taxpayers with VAT-taxable revenue exceeding 1.25 million Saudi riyals (US$333,279) in 2022, 2023, or 2024.
• The Tax Agency will notify businesses selected for integration at least six months before their required linkage date.
• The integration phase requires businesses to issue e-invoices in a specified format, including additional required fields.

Source: globalvatcompliance.com

---

Click on the logo to visit the website

---

• See also
  • E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
  • Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
  • Collection of E-Invoicing Guides – Worldwide – VATupdate
• • Briefing / Comprehensive Guides (incl. podcasts)

• Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

---

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.