ZATCA e-Invoicing Phase 2: Roll-out phases

Introduction

Discover the intricacies of ZATCA’s e-Invoicing roll-out phases, navigating the path to seamless electronic invoicing adoption in Saudi Arabia.

Understanding Roll-Out Phases

Gain insights into the structured approach adopted by ZATCA to introduce e-Invoicing across various sectors and businesses.

Dive into the Waves

Explore how the roll-out phases are divided into waves, ensuring a gradual and systematic transition for businesses of all sizes.

Compliance Roadmap

Unlock the roadmap to compliance with ZATCA’s e-Invoicing regulations, understanding the requirements and timelines for each phase.

Navigating Change

Learn strategies for navigating change effectively during each roll-out phase, from stakeholder engagement to technological adaptation.

Resources and Support

Access valuable resources and support channels provided by ZATCA to assist businesses in their journey towards e-Invoicing compliance.

Realizing Benefits

Discover the potential benefits of embracing e-Invoicing, from cost savings to enhanced efficiency and compliance with regulatory standards.

Stay Informed

Stay updated with the latest developments and announcements regarding e-Invoicing roll-out phases through ZATCA’s official communication channels.

Conclusion

Embrace the evolution of invoicing practices with ZATCA’s e-Invoicing roll-out phases, paving the way for a digitally empowered business landscape in Saudi Arabia.

Phase 2 Implementation:

• Effective Date: Phase 2 was implemented from 1st January 2023.
• Integration Mandate: Taxpayers are required to integrate their systems with the Zakat, Tax, and Customs Authority (ZATCA).
• Transmission of E-Invoices: Taxpayers must transmit e-invoices and related Credit and Debit Notes (CDNs) to ZATCA.
• Wave Implementation: ZATCA implemented Phase 2 in waves, targeting specific taxpayer groups.

Key Updates:

1. Wave 9 (17th November 2023):
   • Businesses registered under KSA VAT with a turnover exceeding SAR 30 million during 2021 or 2022 fall under Wave 9.
   • They must integrate their ERP/accounting system/POS with ZATCA’s Fatoora portal starting 1st June 2024¹.
2. Wave 8 (23rd August 2023):
   • KSA businesses registered under VAT with a turnover exceeding SAR 40 million during 2021 or 2022 fall under Wave 8.
   • Integration with ZATCA’s Fatoora portal begins on 1st March 2024.
3. Wave 7 (28th July 2023):
   • VAT-registered businesses with a turnover exceeding SAR 50 million during 2021 or 2022 fall under Wave 7.
   • Integration with ZATCA’s Fatoora portal starts on 1st February 2024
4. Wave 6 (16th June 2023):
   • Businesses registered under KSA VAT with a turnover exceeding SAR 70 million during 2021 or 2022 fall under Wave 6.
   • Integration with ZATCA’s Fatoora portal commences on 1st January 2024
5. Wave 5 (26th May 2023):
   • Businesses registered under KSA VAT with a turnover exceeding SAR 100 million during 2021 or 2022 fall under Wave 5.
   • Integration with the Fatoora portal begins on 1st December 2023