(In Arabic: ضريبة القيمة المضافة) An indirect tax imposed on all goods and services that are bought and sold on a regular and continuous basis by persons subject to tax, with some exceptions. The value added tax is imposed at every stage of production, starting from distribution until the stage of sale to the consumer. VAT is obligatory to every individual or company that practices an economic activity if the value of his annual taxable revenues exceeds 375,000 SAR.
(In Arabic: نظام ضريبة القيمة المضافة) The VAT Law defines the introduction of VAT outlined in the Unified Agreement for VAT of the Cooperation Council for the Arab States of the Gulf, it will be applied on 1st January 2018. Accessible on this link
(In Arabic: حد التسجيل الإلزامي في ضريبة القيمة المضافة) The minimum actual value of supplies according to which a taxpayer becomes obligated to register for VAT purposes if his annual revenue exceeds 375,000 SAR.
(In Arabic: حد التسجيل الاختياري في ضريبة القيمة المضافة) The minimum actual value of supplies according to which a taxpayer can to register for VAT purposes, if his annual revenue is between 187,500 – 375,000SAR.
مكتب رقم 12 – برج بنك التنمية حي الغدير، الرياض، المملكة العربية السعودية
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