VAT

Reminder Recall For VAT Registration in Saudi Arabia

Deadline of VAT Registration in Saudi Arabia

Registration of VAT in Saudi Arabia

In the earlier article, we provided detailed deadlines of VAT registration for the Saudi employers involved in the businesses and need to register under VAT in Saudi Arabia.

Announcement by GAZA

THE GAZT HAS ISSUED A REMINDER RECALL FOR BUSINESSES, WHOSE ANNUAL TAXABLE SUPPLY OF GOODS AND SERVICES EXCEEDS SR 375,000, TO GET REGISTER FOR VAT.
THE LAST DATE OF REGISTRATION FOR VAT IS DECEMBER 20, 2018.

Guidelines

The following guidelines and prevailing legality need to be taken care as well along with the fulfillment of the aforementioned procedures and guidelines.

Treatment of Gifts Under VAT Regulations

All taxable persons whose annual taxable supplies exceed the mandatory Registration threshold of SAR 375,000 but do not exceed SAR 1,000,000 will be exempted from the requirement to register until 20th December 2018.

  • All Non-Resident taxable persons must have one Tax Representative established in Saudi Arabia and who is approved by General Authority of Zakat & Tax “GAZT“. For further information about Tax Representatives or Agents
  • General Authority of Zakat & Tax “GAZT” may request documentation from the taxable person to evidence that the above requirements are met.

Procedure to Apply Online for VAT Registration in Saudi Arabia

Source: GAZT

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