![]() ![]() This phase mandates integration of the taxpayer’s system with the ZATCA along with transmission of e-invoices and e-notes and sharing them with ZATCA. Phase 2 will be effective from 1 January 2023. Phase 1 was to be effective from 4 December 2021.This phase mandates generation of e-invoices and e-notes, including provisions related to its processing, and record keeping. On 4 December 2020, the ZATCA introduced e-invoicing in Saudi Arabia, through the release of the Electronic Invoicing Regulation, which had been planned to be implemented in the following two phases: The final Phase 2 Regulations have now crystallized both the operational and technical requirements mandated as part of Phase 2 of the e-invoicing system in Saudi Arabia based on which the impacted businesses should start taking the relevant actions. The Integration Phase will be implemented in waves and based on the announcement on the ZATCA portal dated 24 June 2022, resident businesses with a taxable turnover of more than SAR3 billion in the calendar year 2021 are part of the first wave and should comply with the e-invoicing Phase 2 requirements between the period 1 January 2023 to 30 June 2023. Under this phase, the relevant businesses must integrate their systems with the Authority's system in order to obtain a clearance for Tax Invoices (including the corresponding debit and credit notes) and report the transactions for which Simplified Tax Invoices (including the corresponding debit and credit notes) have been issued. Phase 2 Regulations will form an important base for taxpayers to complete e-invoicing implementation under Phase 2 which is also called the Integration Phase. On 24 June 2022, the Saudi Arabia Zakat, Tax and Customs Authority (ZATCA or Authority) issued the final Controls, Requirements, Technical Specifications and Procedural Rules for Implementing the Provisions of the E-Invoicing Regulation (including the xml implementation standards, e-invoice security features implementation standard and data dictionary) for Phase 2 (Phase 2 Regulations), which would be effective from 1 January 2023. Saudi Arabia releases final e-invoicing regulations for Phase 2 ![]()
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