Skip to main content
Perspective:
Perspective
01 Dec 2023

ZATCA announces criteria for selecting taxpayers in the ninth wave of e-invoicing

On 17 November 2023, the Zakat, Tax and Customs Authority (ZATCA) in the Kingdom of Saudi Arabia (KSA) announced the selection criteria for resident taxpayers subject to the ninth wave of the e-invoicing integration phase.

Key considerations for taxpayers as per the announcement: 
 
  • Resident taxpayers with taxable revenue exceeding SAR 30 million in Value Added Tax (VAT) returns for the calendar years 2021 or 2022, are required to integrate their e-invoicing systems with ZATCA for clearance or reporting of e-invoices and notes.
  • Integration for the ninth wave of resident taxpayers is scheduled to go live on the ZATCA Fatoora Portal starting from 1 June 2024. This provides these taxpayers with at least six months to ensure compliance with the integration phase requirements.

Based on past experience, ZATCA will formally notify the selected taxpayers about the ninth-wave timeline.

Taxpayers who are included in this wave should plan and take the necessary steps to comply with integration phase requirements. Timely integration with ZATCA requires substantial IT and human resources, hence proactive preparation shall be crucial for a smooth compliance process.

Did you find this useful?

Yes
No

Thanks for your feedback

If you would like to help improve Deloitte.com further, please complete a 3-minute survey

Your feedback is important to us

To tell us what you think, please update your settings to accept analytics and performance cookies.

Need help updating cookies?

Our thinking

Amendments to the Corporate Tax Law to cater for Pillar Two

On 24 November 2023, the United Arab Emirates (UAE) published Federal Decree Law No. (60) of 2023, amending specific provisions of Federal Decree Law No. (47) of 2022 on the Taxation of Corporations and Businesses (CT Law) to facilitate the future introduction of domestic minimum taxes.
Perspective

Domestic reverse charge mechanism

The United Arab Emirates (UAE) Federal Tax Authority (FTA) has published Cabinet Decision No. 91 of 2023. This introduces a domestic Value Added Tax (VAT) reverse charge obligation concerning the supply of certain electronic devices within the UAE.
Perspective

Cabinet Decision No. 108 of 2023 on Amendments to Excise Tax Regulation

The publication of the updated Excise Tax Executive Regulations follows the issuance of Federal Decree-Law No. 19 of 2022 which amended the Federal Decree-Law No. 7 of 2017 on Excise Tax which was issued on 26 September 2022 and came into effect from 14 October 2022.
Perspective

Are exclusive distributors subject to new transfer pricing rules in KSA? | Deloitte Middle East | Transfer Pricing | Eminence

GAZT has recently released their final TP bylaws. Following this major tax development, Deloitte has created a summary document with our initial set of views.
Perspective
Explore our thinking