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.
Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.