The Kingdom of Saudi Arabia’s freight and logistics market is set to experience significant growth in the coming years, with an expected size of US$25.33 billion in 2024 and US$32.88 billion by 2029. This growth is influenced by the Kingdom’s strategic location and its commitment to improving logistical competitiveness.
- Tax considerations for the KSA transportation sector
- The road ahead with the changing tax landscape
- No VAT on goods and services in the zone for approved activities;
- Subject to conditions, the registered zone establishments can recover VAT on expenses.
- Moving forward
Source: Deloitte
