On 1 November 2024, the Zakat, Tax and Customs Authority () released the criteria for the taxpayers included in the seventeenth wave of Phase 2 of Saudi Arabia's e-invoicing mandate.
This group includes businesses whose annual revenue is subject to VAT and exceeds SAR 2.5 million (approximately EUR 616 000) in 2022 or 2023. To comply with Phase 2 of the mandate, these taxpayers are required to integrate with the FATOORA platform by 31 July 2025.
ZATCA will notify affected taxpayers…