Saudi Araiba will increase its VAT rate from 5% to 15% as of 1 July 2020. In a statement to Saudi Press Agency (SPA), the GAZT urged all citizens and expatriates to report any facility that violates this decision and increases the VAT on the goods or services before the specified date.
Source: alkhaleejtoday.co
Latest Posts in "Saudi Arabia"
- Saudi Arabia VAT Guide for Cross-Border Sellers
- Saudi Arabia ZATCA Announces 24th Group E-Invoicing Integration Rules by 2026
- Saudi Arabia to Launch E-Invoicing Wave 24 by June 30, 2026
- Saudi Arabia Announces Criteria for 24th Wave of VAT E-Invoicing System Integration
- Mandatory Shipment Certificate for Imports to Saudi Arabia Starting October 2025
