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Saudi Arabian VAT refunds 2019- what you need to know!

VAT Refunds in Saudi Arabia may be applied on a quarterly basis in a calendar year, with a final single annual claim by June 30th of the following year. The minimum claim amount for Saudi Arabian refunds is Riyals 1,000. Now, VAT return filing involves a set of...

The GCC Countries Agreed to Implement a Harmonised VAT System

The Gulf Cooperation Council (GCC), (an alliance of six Middle Eastern countries- Saudi Arabia, Kuwait, UAE, Qatar, Bahrain and Oman), has implemented VAT and the 6 countries have signed the agreement, paving the way for introduction of VAT throughout the GCC in 2018....