Saudi Arabia Makes Electronic Invoicing Mandatory
E-invoicing is the process of generating invoices digitally, so you may issue and save electronically. The Kingdom of Saudi Arabia (KSA)'s Zakat, Tax and Customs Authority (ZATCA) has implemented a law requiring companies to switch to an electronic invoicing system in two stages. The first phase is very similar to that of invoices generated prior to December 4, 2021, and the e- invoicing ZATCA integration phase 2 , initiated from January 1, 2023 in this wave ZATCA's systems must be integrated with the electronic solution, and e-invoices must be generated in the appropriate format.