Global Daily Tax News, Saudi Arabia Plans Next Step In E-Invoicing Rollout, (Feb 7, 2025)
Saudi Arabia will expand the nation's electronic invoicing regime to more taxpayers from October 31, 2025.
From October 31, 2025, electronic invoicing obligations will newly apply to taxpayers whose taxable supplies amounted to SAR1.5m (USD400,000) or more during 2022 or 2023.
Businesses are required to digitally link their systems with the tax agency's FATOORA Platform. In addition, taxpayers are required to structure their electronic invoices using a defined electronic format that, since the start of 2024, includes additional elements.