ZATCA announced the criteria for selecting resident taxpayers for the fourth wave of the e-invoicing integration phase. Key considerations for taxpayers as per the announcement:
- Resident taxpayers who reported taxable revenue of more than SAR 150 million in VAT returns filed for the calendar year 2021 or 2022 will be required to integrate their e-invoicing systems with ZATCA for clearance or reporting of e-invoices.
- For the fourth wave of resident taxpayers, the integration will go live with the ZATCA Fatoora Portal starting from 1 November 2023, giving them at least six months to comply with the integration phase requirements.
