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ZATCA Announces Wave 13 Under Phase 2 of Saudi Arabia’s e-Invoicing Implementation
January 17, 2025 ZATCA E-invoicing 0
Zakat, Tax, and Customs Authority (ZATCA) announced the 13th Wave for companies moving towards electronic invoices. VAT-registered companies with a turnover of more than SAR 7 million between 2022 and 2023 need to connect their e-invoicing systems to the Fatoora platform by January 1st, 2025.

ZATCA has announced the specifications for Phase 2 that include:

  • Integration of e-invoicing systems in conjunction with Fatoora. 
  • The inclusion of additional fields in the invoice format.
  • Electronic invoices are issued according to standards of ZATCA the formats.
ZATCA has announced several waves under Phase 2 with set dates for integration. These waves include:
  • Wave 1: Applicable to VAT registered firms which earn more than SAR 3 billion by 2021. The obligatory integration will start from January 1 in 2023.
  • Wave 2: Companies that have turnovers in the range of SAR 500 million to SAR three billion by 2021. The integration starts on the 1st of July in 2023.
  • Wave 3: Businesses with turnovers in the range of SAR 250 million or SAR 500 million by 2021 or 2022 must be registered by the 1st day of October 2023.
  • Wave 4: Companies with an annual revenue of SAR 150-250 million by 2021 or 2022 should complete their integration by the first day of November 2023.
  • Wave 5: Businesses registered with VAT that have turnovers that range from SAR 100 million and SAR 150 million by 2021 or 2022 had to be integrated by the 1st Dec. 2023.
  • Wave 6: Companies that have a turnover of SAR70 million and 100 million by 2021-2022. Integration began the 1st of January, 2024.
  • Wave 7: Companies with an annual turnover of between SAR 50 million to SAR 70 million by 2021-2022. The date for integration is February 1st 2024.
  • Wave 8: Businesses with revenues of SAR 40 million or SAR 50 million by 2021 or 2022 have to integrate by March 1st, 2024.
  • Wave 9: Businesses with an annual turnover of between SAR 30 million and 40 million by 2021 or 2022 have to fully integrate by June 1st, 2024 or by June 1.
  • Wave 10: Businesses that have revenues between SAR 25 million up to SAR 30 million in 2022 or 2023 have to join by June 1st, 2024.
  • Wave 11: Companies that have a turnover of between SAR 15million and 25 million by 2022 or 2023 have to integrate by June 1st 2024 or by June 1.
  • Wave 12: Companies with an annual turnover between SAR 10 million and SAR 15 million by 2022/ 2023. The deadline to join is the 1st of December 2024.
ZATCA declares that the second stage of its e-invoicing system will be crucial to the digital revolution. It’s an extension of the success of the first phase 1 that began on December 4th, 2021. It was developed to enhance the security of consumers and it set the way for Wave 14.

Author

  • Muhammad Bilal is the Digital Marketing Team Lead at SowaanERP, where he spearheads demand generation strategies and digital growth initiatives for ERP solutions. With expertise in performance marketing, automation, and enterprise technology, he helps organizations streamline operations and drive measurable business outcomes.