Saudi Arabia: Key Points of the 13th Wave of VAT E-Invoicing Integration
The Saudi General Authority of Zakat and Tax announced the selection criteria for the thirteenth wave of linking and integrating taxpayer VAT e-invoicing systems into its Fatoora system. The announcement highlights the following key points:
- The thirteenth wave will commence on January 1, 2025, targeting taxpayers with VAT-taxable revenue exceeding 7 million Saudi riyals (US$1.8 million) in 2022 or 2023.
- The Tax Agency will notify affected taxpayers at least six months before the required linkage date.
- This phase involves additional requirements, including issuing e-invoices in a specific format and incorporating additional fields on invoices.
Source: zatca.gov.sa
