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.
Browse Kingdom of Saudi Arabia updates
New e-invoicing phase 2 requirements
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ZATCA to subsidize purchase of e-invoicing software
- Mandate information
Saudi Arabia launches tax amnesty schemes
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Saudi Arabia will consider reducing VAT “ultimately”
- VAT/G(S)ST rate information
Saudi Arabia initiate procedures for Phase 2 implementation
- Mandate information
ZATCA reclassified the penalties on VAT violations
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ZATCA announces penalties and violations for e-invoicing
- Mandate information
ZATCA develops the Software Development Kit (SDK) Toolkit
- Mandate information
ZATCA publishes guide to develop a FATOORA compliant QR code
- Mandate information
Further changes in the e-invoicing mandate
- Mandate information
Delayed go-live date for Phase two in the e-invoicing mandate
- Mandate information
End of the Transitional Period for VAT rate increase
- VAT/G(S)ST rate information
Draft resolution published by GAZT: open for public consultation
- Mandate information
KSA publishes its final e-invoicing regulation
- Mandate information
Mandatory electronic invoicing
- Mandate information
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