The Kingdom of Saudi Arabia (KSA) is rolling out a national e-invoicing mandate. The second phase of the Faroora e-invoicing mandate will involve taxpayers meeting new business and technical requirements to issue and receive e-invoices, as well as connecting their e-invoicing systems to the General Authority for Zakat, Tax, and Customs Authority (ZATCA)’s platform for pre-clearance of e-invoices. There have been a number of recent developments providing clarity on the next phase of the mandate and the next wave of businesses that will need to comply.
Source: Avalara
