SAUDI EXPATRIATES

In a statement released through its official "X" platform account, the Authority revealed that the 20th group includes businesses consisting of all those whose 2022 or 2023 year's value-added tax earnings were more than 15 million riyals.

In order to prepare for connecting and integrating the electronic billing systems of all targeted establishments in the Twenty Group with the (Fatura) system before October 11, 2025, it said that it will notify all of these establishments.

The Zakat, Tax, and Customs Authority has clarified that there are more requirements for the second phase, which is called "linking and integration," compared to the first phase, which is called "issuance and preservation." 

These requirements include connecting taxpayers' electronic billing systems to the Fatura system, issuing electronic invoices according to a specific formula, and including several extra elements in the invoice.

Additionally, it was mentioned that the second phase, which involves connection and integration, is carried out in stages and in groups. The remaining groups are notified directly by the Authority at least six months prior to the designated linking date. Most Viewed: Companies with 50 or more employees must disclose their training information

The Authority highlighted that the second phase of electronic billing is an extension of the economic revival and digital transformation that the Kingdom is experiencing. 

It is also a continuation of the success story that started with the first phase of electronic billing, which had many positive outcomes, the most notable of which was an increase in consumer protection across the Kingdom. 

The Authority also praised the high level of taxpayer awareness and the quick response to the first phase of the project's implementation.

It is worth mentioning that the first phase of the e-invoicing project, which deals with issuance and storage, started on December 4, 2021. As a result, taxpayers who are required to comply with the regulations must cease using any kind of handwritten or computer-generated invoices, as well as invoices created using text editing or number analysis programs. 

Additionally, they must find a technical solution for e-invoicing that meets the requirements of the Authority, and they must issue and store electronic invoices that meet all requirements, including the use of QR codes. Join Saudi Expatriates channel on WhatsApp

ZATCA selects 20th-group establishments for computerized invoice linking and integration