Saudi Arabia: E-Invoicing Service Providers Directory
02 September, 2021
E-Invoicing - Latest updates
ZATCA officially launches the e-invoicing project
On 24 August 2021, the Zakat, Tax and Customs Authority (ZATCA) held an inauguration ceremony for the electronic invoicing project (Fatoorah).
During the ceremony, ZATCA highlighted the high importance of the new e-invoicing system for the national economy and provided an overview of the project and its implementation mechanism.
Service Providers directory
ZATCA has also published an indicative list of e-invoicing solutions providers who have met the qualification requirements.
ZATCA notes that taxpayers may choose any e-invoicing solution provider as long as it is compliant with the e-invoicing requirements.
ZATCA will consider the taxpayer complaint with the e-invoicing requirements even if the selected solution provider’s name is not mentioned on the indicative list.
The indicative list of the solution providers on ZATCA’s website who have passed the qualification process and criteria aims to allow the taxpayers to easily reach potential solution providers. This list is accessible through this link.
What you need to know about next step
The E-Invoicing project would be implemented in 2 phases, of which the go-live for the first phase (generation) is the 4th of December 2021. By that date, you should be able to:
Generate and store (offline) e-invoices and e-notes from your billing system (or a third party solution integrate to your system)
Ensure having a QR code on e-invoices issued for final consumers (i.e. for B2C supplies)
Adapt change management of the new process/platform and facilitate end-user training
The second phase (integration) will kick off as of January 2023. Taxpayers will be required to integrate their system / solution with the ZATCA e-invoicing platform. Further information and details are expected to be provided by ZATCA on this process.
The Takeaway
With a very limited time available to comply with phase 1 (generation phase) of the e-invoicing implementation project, it is quite critical to ensure that you assess the impact of e-invoicing on your activities, design and implement changes required into your ERP / Billing system and / or onboard a third party solution to generate and store e-invoices / e-notes.
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Chadi Abou Chakra
Middle East Indirect Tax Network Leader, PwC Middle East
Tel: +966 11 211 0400 Ext: 1858
Maher ElAawar
Partner, Middle East Indirect Tax and Fiscal Policy, PwC Middle East
Tel: +971 (0) 56 216 1109
Ebrahim Karolia
Partner, International Tax and M&A Services, PwC Saudi Arabia
Tel: +966 11 211 0400 ext. 1771
Jay Riche
Partner | TLS Tax Strategy & Transformation Leader, PwC Middle East
Tel: +971 56 385 4717
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