Phase two of the e-invoicing mandate will be implemented from 1 January 2023. The taxpayer must integrate into the ZATCA (FATOORA) platform and send e-invoices in the defined structured format, requiring all e-invoices to be reported and cleared in real-time to ZATCA. All taxpayers subject to VAT are now required to send e-invoices with specific content in a structured format, and e-archive them in accordance with the regulations. This means suppliers can no longer generate or store paper or PDF invoices

The purpose of introducing the system is to ensure proper business managing which will easily enable all tax payers to run the business in a better way. Though it will feel initially little bit difficult, once the system started running, everyone will find its easiness of handling interesting. Moreover, the system will enable all the business firms run with common tax procedure maintain a proper pricing in the market.