On 18 April 2025, Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) published amendments to the VAT Implementing Regulations. Key changes include stricter VAT group formation criteria, new ...

Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has reminded VAT-registered businesses of upcoming filing obligations. Establishments with annual supplies exceeding SR40m ($10.7m) must submit ...

Tourists in Saudi Arabia can get a full refund on the 15% VAT for eligible purchases over SAR 500 (~USD 133). Refunds apply only to goods, not services, and must be made at ZATCA-approved retailers.

Saudi Arabia is one of the favorite destinations for foreign investors among the GCC countries. In 2016, total FDI inflow increased to $8,359 million from $4,402 million in 2012 in Saudi Arabia with ...

RIYADH: Saudi Arabia's General Authority for Zakat and Income Tax (GAZT) will organize a workshop on tax at the Chamber of Commerce and Industry in Jeddah on Wednesday (11am), as part of its efforts ...

The old adage that nothing is certain except for death and taxes has, until recently, told only half the story in Saudi Arabia. As the world’s largest exporter of petroleum, the Kingdom has amassed ...

Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system. Saudi Arabia ...

SAUDI ARABIA and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system. Saudi Arabia ...