Webinar recording
E-invoicing was introduced last year in the Kingdom of Saudi Arabia (KSA). Phase one of the implementation, the generation phase, has already gone live on December 4, 2021. Phase two of the implementation, the integration phase, will go live on January 1, 2023. This phase will require taxpayers to integrate their invoicing systems with the Zakat, Tax and Customs Authority (ZATCA) Fatoora Portal in a number of structured waves.
To deal with phase two and to ensure compliance with the regulations, businesses will require detailed systems and processes in addition to considering other changes.
Given the importance of this update, Deloitte held a webinar on Monday, 5 September 2022 where our tax specialists discussed phase two of the e-invoicing implementation and the steps businesses can take now to ensure compliance with the regulations.