ZATCA Sets Criteria for Wave 14 E-Invoicing Integration Phase

KSA, 27 July, 2024 : The Zakat, Tax and Customs Authority (ZATCA) has set the criteria for selecting taxpayers for the Fourteenth Wave of the "Integration Phase" of E-invoicing. This wave targets all taxpayers with VAT-subjected revenues exceeding SAR 5 million during 2022 or 2023.

ZATCA will notify these taxpayers to integrate their E-invoicing solutions with the Fatoora platform starting from February 1, 2025. The Integration Phase includes additional requirements compared to the Generation Phase, such as integrating E-invoicing solutions with ZATCA's platform, issuing E-invoices in a specified format, and including additional fields in the invoices.

Phase Two of E-invoicing will be implemented gradually, with ZATCA informing subsequent waves at least six months prior to their integration date. This phase is part of Saudi Arabia's broader economic development and digital transformation efforts, building on the successful Phase One, which began on December 4, 2021. Phase One required taxpayers to stop generating handwritten or text-editing software invoices and to use compliant E-invoicing solutions, including generating and storing E-invoices with mandatory fields like QR codes.

 Source : www.zatca.gov.sa