03.31.21
Draft resolution published by GAZT: open for public consultation
We have now been aware for some time that KSA is moving towards mandatory e-invoicing.
On 18 March 2021, GAZT published a draft resolution – again for public consultation – on the requirements. The draft resolution includes technical specifications and procedures for implementing the provisions of the E-Invoicing Regulation. The resolution aims to specify the business and technical requirements that will need to be adhered to as Saudi Arabia moves toward e-invoicing.
GAZT encourages businesses start assessing how the e-invoicing regulations will impact their systems and processes and commence the planning work to successfully implement e-invoicing by the deadline of December 4th, 2021.
An English translation of the draft resolution can be found here.
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Browse Kingdom of Saudi Arabia updates
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End of the Transitional Period for VAT rate increase
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Draft resolution published by GAZT: open for public consultation
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KSA publishes its final e-invoicing regulation
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Mandatory electronic invoicing
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