- Criteria for Inclusion in 20th Wave: The Zakat, Tax and Customs Authority (ZATCA) announced that taxpayers in Saudi Arabia with a taxable turnover exceeding SAR 1.5 million in 2022 or 2023 will be included in the 20th wave of Phase 2 e-invoicing integration, requiring compliance by October 31, 2025.
- Notification and Compliance Timeline: Affected taxpayers will receive notifications from ZATCA, and they must integrate their electronic invoicing systems with ZATCA’s platform, Fatoora, within the specified compliance period of August 1 to October 31, 2025.
- Ongoing Monitoring for Future Waves: Businesses not included in the first 20 waves should stay informed about future announcements from ZATCA regarding the integration timeline for subsequent waves to ensure timely compliance with e-invoicing regulations.
Source EY
