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Saudi Arabia announces seventh wave of Phase 2 e-invoicing integration

|Tax Alerts, Information Reporting, Legis ...|Saudi Arabia
Saudi Arabia

  • Saudi Arabia's Zakat, Tax and Customs Authority has announced the criteria for taxpayers to be included in the seventh wave of Phase 2 e-invoicing integration.
  • Taxpayers resident in Saudi Arabia, with a taxable turnover above SAR50m during the calendar year 2021 or 2022, should comply with the Phase 2 e-invoicing requirements that are effective from 1 February 2024.

Executive summary

On 28 July 2023,…

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