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How Does the Second Phase of Electronic Invoicing Work?
In today’s rapidly evolving digital landscape, regulatory authorities are streamlining processes and achieving seamless integration. But how exactly does the second phase of electronic invoicing operate—and what must taxpayers do to comply fully? Let’s take an in-depth look at every step without omitting any details. 1. Mechanism for the Second Phase of Electronic Invoicing When does it start?The Zakat, Tax and Customs Authority (ZATCA) has begun applying the second phase (integration and connectivity) of electronic invoicing as of January 1, 2023. How is it implemented?This phase will be rolled out in stages, targeting specific groups of taxpayers. What
