KSA: ZATCA Determines the Criteria for Selecting the Taxpayers in Wave 4 Implementing Phase of E-invoicing

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Riyadh April 28, 2023:

Zakat, Tax and Customs Authority (ZATCA) determined the criteria for selecting the targeted taxpayers in the fourth wave for implementing the Integration Phase of E-invoicing. It clarified that the 4th wave included all taxpayers whose revenues subject to VAT exceeded 150 Million Saudi Riyals during 2021 or 2022. VAT-registered taxpayers meeting the criteria should integrate their e-invoicing solutions with the FATOORA Platform starting from November 1, 2023.

Note: Taxpayers within this group are expected to integrate as of November 2023.

ZATCA has stated that Phase Two i.e Integration Phase requires additional requirements, the most prominent of which are 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, the 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.

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