Commitment
(In Arabic: التزام) It is the fulfillment of all the obligations, tasks, and duties imposed on the taxpayer or the person subject to tax
Compliance
(In Arabic: امتثال ضريبي) Voluntary commitment to the provisions of laws, regulations, and bylaws for Zakat or tax.
Consideration
(In Arabic: مقابل) Everything collected or to be collected by the Taxable Supplier from the Customer or a third party for the Supply of
Continuous Supply
(In Arabic: توريد مستمر) The provision of goods or performance of services continuously across a defined period.
Controlled Transaction
(In Arabic: معاملة الأشخاص المرتبطين) Means any Transaction involving Related Persons or Persons under common control. Controlled Transactions shall include any national Transactions or
Credit Note
(In Arabic: اشعار دائن) Commercial documents issued by a supplier/seller to a buyer, required by law to evidence a subsequent change to consideration of
Date of Registration
(In Arabic: تاريخ سريان التسجيل) Is the date when the registration of a person who registers under the provisions of the KSA VAT Law
Debit Note
(In Arabic: اشعار مدين) Commercial documents issued by a supplier/seller to a buyer, required by law to evidence a subsequent change to consideration of
Debit Notice
(In Arabic: مذكرة مدينة) A commercial document issued by the supplier or the seller to the buyer, as a document that proves the increase
Deregistration
(In Arabic: ايقاف التسجيل) It is a request submitted by the taxpayer to cancel his registration once he stops practicing any of the activities
مكتب رقم 12 – برج بنك التنمية حي الغدير، الرياض، المملكة العربية السعودية
