Value-Added Tax
(In Arabic: ضريبة القيمة المضافة) An indirect tax imposed on all goods and services that are bought and sold on a regular and continuous
VAT Law
(In Arabic: نظام ضريبة القيمة المضافة) The VAT Law defines the introduction of VAT outlined in the Unified Agreement for VAT of the Cooperation
VAT Mandatory Registration Threshold
(In Arabic: حد التسجيل الإلزامي في ضريبة القيمة المضافة) The minimum actual value of supplies according to which a taxpayer becomes obligated to register
VAT Optional Registration Threshold
(In Arabic: حد التسجيل الاختياري في ضريبة القيمة المضافة) The minimum actual value of supplies according to which a taxpayer can to register for
Withholding Tax
(In Arabic: ضريبة الاستقطاع) A direct tax that is deducted from the amounts earned by a non-resident who does not have a permanent establishment
Zakat, Tax, and Customs Authority
(In Arabic: هيئة الزكاة والضريبة والجمارك) a Saudi government agency under the Ministry of Finance in Saudi Arabia that is responsible for the assessment
Zero-Rated Supplies
(In Arabic: توريدات خاضعة لنسبة الصفر بالمئة) Taxable supplies with VAT charged at the 0% rate.
مكتب رقم 12 – برج بنك التنمية حي الغدير، الرياض، المملكة العربية السعودية
