The Zakat, Tax and Customs Authority has issued a VAT guide for Insurance and Reinsurance companies.
The guide addresses the application of VAT on the insurance and reinsurance activities made by businesses in KSA and provides an interpretation based on the KSA Value Added Tax Law and its Implementing Regulation.
Source ZAKAT
Latest Posts in "Saudi Arabia"
- Saudi Arabia Introduces VAT Refund Program for Tourists and GCC Nationals to Boost Tourism
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance
- Saudi Arabia Launches VAT Refund Service for Tourists to Boost Economic Diversification and Tourism
- Saudi Arabia’s ZATCA Phase 23 E-Invoicing: Key Compliance Steps for 2025 Roll-Out
- Saudi Arabia Introduces VAT Refund Program to Boost Tourism and Shopping Experience