Ruling
(In Arabic: قرار تفسيري) A written opinion or clarification provided by Zakat, Tax, and Customs Authority to a taxpayer on the interpretation or application
Ruling Request
(In Arabic: طلب قرار تفسيري) A formal application made to Zakat, Tax, and Customs Authority by an applicant to obtain a Ruling on a
Saudi Companies Law
(In Arabic: نظام الشركات السعودي) A Saudi law specialized in companies and the rules that establish them and regulate their responsibilities, rights and duties.
Simplified Tax Invoice
(In Arabic: فاتورة ضريبية مبسطة) An invoice that can be issued for Taxable Supplies in certain situations. It is a form of Tax Invoice
Standard Price
(In Arabic: سعر معياري) The price according to the standard price list as established by the Tax Authorities of GCC countries. The standard price
Supply
(In Arabic: توريد) Any form of supply of Goods or Services for consideration in accordance with the cases provided for in Chapter Two of
Tangible Assets
(In Arabic: اصول ملموسة) Represent capital assets that have a physical form. Tangible assets include both fixed assets such as machinery, buildings and land
Tax Agent
(In Arabic: وكيل ضريبي) It is the person appointed by a resident taxable person to act on his behalf in respect of his VAT
Tax Assessment
(In Arabic: تقييم ضريبي) An assessment of a Taxable Person’s Net Tax due is made either by a Taxable Person upon submitting the Tax
Tax Compliance Management System
(In Arabic: نظام إدارة الامتثال الضريبي) is a technology system that supports the taxpayer in increasing compliance with tax laws and regulations related to
مكتب رقم 12 – برج بنك التنمية حي الغدير، الرياض، المملكة العربية السعودية
