Saudi Arabia New Regulations For VAT Open For Discussion

Following the release of the draft VAT law and “”consultation period”” which recently closed, the Saudi authorities have now released the draft of regulations for VAT which provides more detail of how the new VAT system will operate in Saudi Arabia effective 1st January 2018. Businesses have a window to also provide suggestions and comments to the document up until 19th August 2017.
The document is also available in English.