In brief
On 28 June 2024, the Zakat, Tax and Customs Authority (ZATCA) announced the criteria for the Electronic invoicing (E-invoicing) Integration Phase Wave 13 participants. As per the announcement, VAT-registered taxpayers that have an annual taxable revenue (taxable supplies) exceeding SAR 7 Million during the calendar year 2022 or 2023 are required to integrate their E-invoicing solutions with the FATOORA platform starting from 1 January 2025.
In detail
As a recap, E-invoicing in KSA was introduced earlier in two phases:
Generation;
Integration.
The Generation Phase already went live in December 2021, whereas the go-live date for the Integration Phase, as per the respective Wave announcement, is as follows:
| Wave | Effective date |
Revenue (SAR) | Revenue period |
1 |
1 January 2023 |
>3 billion |
>3 billion |
2 |
1 July 2023 |
>500 million |
>500 million |
3 |
1 October 2023Â |
>250 million |
>250 million |
4 |
1 November 2023Â |
>150 million |
>150 million |
5 |
1 December 2023 |
>100 million |
>100 million |
6 |
1 January 2024 |
>70 million |
>70 million |
7 |
1 February 2024 |
>50 million |
>50 million |
8 |
1 March 2024 |
>40 million |
>40 million |
9 |
1 June 2024 |
>30 million |
>30 million |
10 |
1 October 2024 |
>25 million |
>25 million |
11 |
1 November 2024 |
>15 million |
>15 million |
12 |
1 December 2024 |
>10 million |
>10 million |
*13 |
1 January 2025 |
>7 million |
>7 million |
* It is expected that ZATCA will send an official email to all taxpayers who have been selected as part of Wave 13 of the Integration phase of E-invoicing.
The takeaway
Taxpayers are recommended to assess their revenues for calendar years 2022 and 2023 to ensure readiness for the Integration Phase of E-invoicing and to implement the required changes. The integration phase entails a comprehensive review of ERP systems to ensure smooth integration with the ZATCA system.
Taxpayers are recommended to conduct a gap analysis and take the required actions at the earliest.
Download full alert
Saudi Arabia: Thirteenth Wave in the Integration Phase of Electronic Invoicing
Contact us
Chadi Abou Chakra
Middle East Indirect Tax Network Leader, PwC Middle East
Tel: +966 11 211 0400 Ext: 1858
Guido Lubbers LLM MBA
ITX Partner | TLS Middle East Consumer Markets leader, PwC Middle East
Tel: +966 54 110 0432
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