The Zakat, Tax and Customs Authority (‘ZATCA’, formerly known as GAZT) has issued a Circular No. 2106002 dated 30 June 2021, which illustrates the registration process for real estate developers in order to refund input VAT incurred in relation to exempt real estate activities.
The circular is issued in Arabic language at the moment and can be accessed here.
Source PwC
Latest Posts in "Saudi Arabia"
- 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
- Saudi Arabia Introduces VAT Refund Program for Tourists and GCC Nationals to Boost Tourism
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance