Saudi Arabia approves VAT implementation

28 February 2017

The Saudi Arabian government approved the introduction of VAT in the country from 1 January 2018.

The standard VAT rate will likely be set at 5% and VAT will also be introduced in the five other Gulf Co-operation Council countries (Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates) at the same time.

LATEST NEWS

Welcome to our new VAT Compliance Director, Amar...

We are pleased to announce the appointment of Amar Kanabar as VAT Compliance Director, strengthening our commitment to invest in global compliance capabilities...

SEE MORE
VAT news
LATEST NEWS

Belgium introduces three-month tolerance period for...

Belgium’s mandatory business‑to‑business e‑invoicing regime came into effect on 1 January 2026, with the authorities granting a three‑month...

SEE MORE
VAT news
LATEST NEWS

France provides list of authorised agents for...

France’s central public finance authority (DGFiP) has published a list of approved e‑invoicing platform agents that French businesses may appoint ahead of...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.