12.18.20
Mandatory electronic invoicing
As stated before in our earlier update, the Kingdom of Saudi Arabia is making fast progress with the introduction of compulsory e-invoicing. The electronic invoicing system aims to drive down shadow economy transactions and to fight commercial concealment.
The Saudi General Authority of Zakat and Tax approved the new electronic invoicing regulation on Friday 4 December 2020. The electronic billing regulation contains seven articles that regulate the mechanism for issuing and keeping electronic invoices for taxpayers. The regulation also stipulates the procedural rules and timings, as well as further provisions, procedures and persons subject to these. Mandatory issuance of electronic invoices will commence from 4 December 2021; followed by mandatory invoice reporting to the government in June 2022.
For further information, please review the English version of the e-invoicing Regulations and FAQs as recently released by GAZT.
Browse Kingdom of Saudi Arabia updates
New e-invoicing phase 2 requirements
- Mandate information
ZATCA to subsidize purchase of e-invoicing software
- Mandate information
Saudi Arabia launches tax amnesty schemes
- Country updates
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
- Mandate information
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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