ZATCA Announces Criteria for Wave 14 ofE-invoicing Integration Phase The Zakat, Tax and Customs Authority (ZATCA) has established the criteria for selecting taxpayers for the Fourteenth Wave of the E-invoicing “Integration Phase.” This phase targets all taxpayers with VAT-subject revenues exceeding SAR 5 million in 2022 or 2023. ZATCA will notify these taxpayers to integrate their […]
ZATCA Announces Wave 13 of Saudi Arabia’sE-Invoicing Integration The Saudi Arabian Tax and Customs Authority (ZATCA) has announced the 13th wave of Phase 2 of e-invoicing. This wave includes taxpayers with at least SAR 7 million (approximately USD 1.8 million) in VAT-subject revenue for 2022 or 2023. These taxpayers are required to integrate by January 1,
ZATCA Announces Wave 12 E-Invoicing IntegrationCriteria for Taxpayers The Saudi Arabian Zakat, Tax and Customs Authority (ZATCA) has announced the twelfth wave of Phase 2 of e-invoicing for taxpayers with significant revenue, requiring integration by December 1, 2024. Details: Taxpayer Group: Taxpayers with at least SAR 10 million in revenue subject to VAT for 2022 or
ZATCA Sets Criteria for 11th Wave ofE-Invoicing Integration Phase The Zakat, Tax, and Customs Authority (ZATCA) has specified the selection criteria for taxpayers involved in the 11th wave of the E-invoicing Integration Phase. This phase targets VAT-registered businesses with annual revenues exceeding 15 million Saudi Riyals during 2022 or 2023. These businesses are required to
Saudi Arabia announces 10th Wave ofe-Invoicing Integration Phase The Zakat, Tax, and Customs Authority (ZATCA) has announced the selection criteria for Wave 10 of the e-Invoicing “Integration Phase.” This strategic move marks a significant step towards a more digitally inclusive business landscape. ZATCA Targets Businesses for E-Invoicing: A Gradual Embrace The Zakat, Tax, and Customs
ZATCA Extends Exemption from Tax Fines andE-Invoicing Penalties ZATCA has extended the period of exemption from fines and penalties for an extra six months. To alleviate the challenges posed by the COVID-19 pandemic, ZATCA has extended the period of exemption from fines and penalties for an extra six months. This initiative, as previously announced, includes a
Spain Launches Massive Digital Training Program:€200 Million Investment for 80,000 Professionals The Spanish government has allocated €200 million for a digital skills training program for professional associations. The program, starting in the last quarter of 2025, will train 80,000 professionals in digitalization and artificial intelligence. One of Spain’s most comprehensive training programs to accelerate digital
Spain–SIF/Veri*Factu Start Date Postponed toJanuary 1, 2026 On 3 April 2025, the Spanish Government published a Royal Decree that officially postpones the mandatory start date for the SIF/Veri*Factu invoicing system to 1 January 2026. The original go-live date of 1 July 2025 was delayed due to the late publication of the accompanying Ministerial Order detailing the technical specifications. The new
New Standards for Electronic Invoicing:Spain’s HAC/1177/2024 Order The Spanish Government’s new Ministerial Order HAC/1177/2024 establishes technical, functional, and content standards for electronic invoicing systems, aligning closely with Royal Decree 1007/2023 (SIF/VERI*FACTU). This Order, nearly identical to its draft submitted to the European Commission, sets out the following requirements: These regulations apply to small and medium businesses
New Technical Document and Updates for Spain’sVeriFactu Fiscalization The Spanish Tax Administration (AEAT) has recently shared some significant updates for developers and businesses involved in Spain’s fiscalization process. While the official ministerial order outlining the technical details is still pending, AEAT has published important documents to assist with understanding and implementing the new VeriFactu requirements.
