- Saudi Arabia’s e-Invoicing mandate is progressing with Wave 21 of Phase 2 announced by ZATCA
- Targets businesses with taxable revenue above SAR 1.25 million in 2022, 2023, or 2024
- Businesses must integrate e-Invoicing systems with ZATCA’s Fatoora platform by November 30, 2025
- Phase 2 requires real-time invoice validation through the Fatoora platform
- Affected businesses include those with SAR 1.25 million plus revenue in specified years
- Deadline for compliance is November 30, 2025
- Penalties range from SAR 5,000 to 50,000 for non-compliance issues
- Early compliance is encouraged to avoid last-minute challenges
- Key requirements include generating e-Invoices in XML or PDF/A-3 format with mandatory fields
- Integration with Fatoora for real-time B2B invoice clearance or offline B2C reporting is required
- Invoices must be issued in Arabic and stored electronically for 7 years
- Compliance enhances tax reporting accuracy and supports Saudi Arabia’s digital goals
- Non-compliance risks fines, payment delays, and reputational damage
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.
