Stages Of Applying Saudi E-invoicing
The stages of applying electronic billing in Saudi Arabia started in 2020 and will be completed in 2023, which means that the issuance of paper bills will no longer be valid, and will go completely to electronic bills. The first stage included creating and archiving the mandatory electronic invoice, while the second stage is the stage of integration with the electronic billing portal at the Authority of Zakat, Taxes, and Customs.
The Purpose Of Dividing The E-invoicing Application Into Two Stages:
The desire to facilitate the taxpayers and the gradual application of electronic invoicing.
Publishing the decision on controls, requirements, technical specifications and procedural rules necessary to implement the provisions of the electronic invoicing regulation for the first and second stages.
The First Stage (Isuuance Stage)
The obligation to issue and save electronic invoices through the electronic invoicing system for all those subject to the electronic invoicing regulation.
The Second Stage (Connection And Integration Stage)
The obligation to connect and integrate with the authority’s systems for those subject to the electronic invoicing regulation in stages for each category, and the authority will notify the target group for connection six months in advance.
The First Stage
The First Stage Included the following steps:
Sending all issued invoices to the electronic invoicing portal within 24 hours after its creation.
Implementation of certain security features in invoices such as the universally unique identifier (UUID). At this point, the QR code will also be mandatory on tax invoices.
The Second Stage
The Second Stage Will Include The Following Steps:
Linkage with the Authority of Zakat, Taxes, and Customs.
Sending notification to all target groups to start implementation.
Issuing all electronic invoices in a format that is compatible with electronic systems.