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Saudi Arabia Regulatory Updates December 2023

Hatice Ozcan

Dec 28, 2023

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 suspension of fines and penalties for all taxpayers under various tax laws in the Kingdom.


Key aspects of this initiative cover penalties for issues such as delayed or non-registration in tax systems, late payments, overdue submission of tax declarations, and notably, penalties associated with non-compliance with e-invoicing regulations and requirements.

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