VAT Press Releases

GAZT invites non-resident entities to register for VAT

Riyadh, February 6, 2018: The General Authority for Zakat and Tax (GAZT) invites non-resident entites that carry out economic activities in the Kingdom to register for VAT purposes, and to appoint a tax representative to be responsible for carrying uot the non-resident’s VAT obligations such at tax filings and record maintenance.

GAZT: Exports from the Kingdom are zero-rated under VAT

Riyadh, 25 January 2018: The General Authority of Zakat & Tax (GAZT) clarified that exports from Saudi Arabia are zero-rated under the VAT Law and Implementing Regulations.

GAZT calls on enterprises whose supplies exceed SAR 40 million annually to file their January tax returns before the end of February 2018

Riyadh, January 23, 2018: The General Authority for Zakat and Tax (GAZT) reminds all enterprises registered in value added tax (VAT) whose supplies of goods and services exceed SAR 40 million annually to file their tax returns on a monthly basis, as stipulated by the VAT Law and Implementing Regulations.

The General Authority of Zakat and Tax outlines the VAT collection mechanism from private healthcare providers

Riyadh, January 11, 2018: The General Authority of Zakat and Tax announced the government’s mechanism to bear value added tax on behalf of Saudis who use services provided by private hospitals and medical centers which are registered in VAT system, in accordance with the Royal Decree No. (A / 86) dated 18/4/1439 AH.

The General Authority of Zakat and Tax explains the mechanism of collecting VAT from private education sector

Riyadh, January 12, 2018: The General Authority of Zakat and Tax announced the mechanism by which the government bears the value added tax (VAT) on behalf of Saudis benefiting from services provided by the private education sector, as mandated by the Royal Decree No. (A/86) dated 18/4/1439 AH.

General Authority of Zakat and Tax exempts lease-to-own and rent-to-own contracts signed before January 1, 2018, from VAT

Riyadh, January 3, 2018: The General Authority of Zakat and Tax (GAZT) announced the exemption of lease-to-own and rent-to-own contracts of assets (e.g. automobiles or real estate) delivered before January 1, 2018, from VAT. These types of contracts are legally viewed as non-continuous supplies and thus exemptions related to continuous supplied do not apply to them, therefore VAT will not be collected on the installments due for these contracts after January 1, 2018.

GAZT issues 120 VAT violations against non-compliant businesses

Riyadh, January 1, 2018: The General Authority for Zakat and Tax (GAZT) announced that it detected many violations on the first day VAT officially went into effect across Saudi Arabia. In total, more than 120 violations were issued by GAZT against the businesses that did not comply with the VAT Law and Implementing Regulations.

General Authority for Zakat and Tax launches VAT application

Riyadh, December 30, 2017:: With the launch of value added tax (VAT) on January 1, 2018, the General Authority for Zakat and Tax (GAZT) launched a dedicated VAT application which contains important information on the tax and enables consumers to find out if the business they are dealing with is indeed registered for VAT.

Ministry of Commerce & Investment closely monitoring businesses for VAT violations, in cooperation with GAZT

Riyadh, December 30, 2017: The Ministry of Commerce and Investment (MCI) announced that it is stepping up field inspections conducted with the General Authority of Zakat and Tax (GAZT) on commercial establishments across Saudi Arabia to check for violations prior to and after value added tax (VAT) is implemented on January 1, 2018.

GAZT organizes a VAT workshop in Al Majmaah

Riyadh, 23 December 2017: In preparation for the application of VAT on January 1, 2018, and in order to facilitate the compliance of enterprises with tax requirements, The General Authority of Zakat and Tax (GAZT) organizes a workshop to introduce the regulations for value added tax in the governorate of Al Majmaah on Monday, 25 December 2017.

The General Authority of Zakat & Tax organizes a workshop with e-commerce Shops

Riyadh, December 21: As part of GAZT’s plans and awareness programs for establishments in various sectors, and in order to facilitate their compliance with VAT requirements; The General Authority of Zakat & Tax (GAZT) organized a workshop on Value Added Tax (VAT) for e-commerce shops in Riyadh, in preperation for its implementation on January 1st, 2018.

December 20th, 2017 is the VAT registration deadline for businesses with annual revenues exceeding SAR 1,000,000

Riyadh, 19 December, 2017: The General Authority of Zakat and Tax (GAZT) announces that tomorrow, December 20th, 2017, is the VAT registration deadline for businesses with annual revenues exceeding SAR 1,000,000, and urges all VAT eligible businesses to register for VAT through the official website VAT.GOV.SA.