BUSINESS

E-invoicing (FATOORAH)

July 07, 2021

The FATOORAH project is considered as one of the most important projects being implemented in the Kingdom and it is expected to produce a major positive impact on the Saudi economy.

E-invoicing (FATOORAH)

Implementation Phases

Phase 1 (Generation Phase), starting from December 4, 2021

Phase 2 (Integration Phase), starting from January 1, 2023 and implemented in phases

E-invoicing (FATOORAH) Implementation Obligations

3 steps for the first phase, starting December 4, 2021

Stop issuing handwritten invoices

Use a compliant e-invoicing system that meets ZATCA requirements

Ensure that all the requirements of the tax invoice and the additional required fields are included


July 07, 2021
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