The Saudi Zakat, Tax, and Customs Authority (ZATCA) has announced its criteria for the 13th wave of integrating the country’s new e-Invoicing requirement into its Fatoora system.
The 13th wave includes all taxpayers whose revenues subject to VAT exceeded SAR 7 million during 2022 or 2023.
ZATCA will notify all targeted taxpayers in the thirteenth Wave to integrate their E-invoicing solutions with the (Fatoora) Platform from 1 January, 2025.
Phase Two (Integration Phase) requires additional requirements, compared to the Phase One (the Generation Phase), the most prominent of which is to integrate taxpayers’ E-invoicing solutions with ZATCA’s platform (Fatoora), issue E-invoices based on a specific format, and include additional fields in the invoice. Furthermore, Phase Two (Integration Phase) of E-invoicing would take place gradually in waves, and ZATCA would inform the following waves directly at least six months before their integration date.
Phase One (Generation Phase) of E-invoicing, was introduced on 4 December 2021, which obliged taxpayers subject to the E-invoicing Regulation to stop generating handwritten invoices or computer-generated invoices through text editing software or spreadsheet software and make sure that there is a technical solution for E-invoicing that is compatible with the requirements.
