Saudi Arabia

Country	Saudi Arabia
Currency	SAR
EU Member State	No
Standard VAT/GST rate	5%
Reduced VAT/GST rate	0%
VAT registration limit for established businesses	Yes
VAT registration limit for non-established businesses
VAT return filing periods	Monthly / Quarterly
Annual VAT returns	No
Additional reporting requirements
VAT recovery by non-established non-EU businesses	Yes
Reverse Charge	Yes
Fiscal representative required for non-EU businesses
Statute of limitations	There is no specific audit process followed by the GAZT; however, the most common ways for the GAZT to select companies for tax audits are the size of the company, the companies’ shareholders nationality (totally owned by foreigners and branches of foreign companies), and certain risk assessment measures.