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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.