Law of Value Added Tax

Release Date:	1438-08-27
Release Tool:	Royal Decree
Issuance Instrument Number:	m/86
Validity:	Valid
Date of last amendment:	1441-04-28
Summary:	By AI The Selective Tax Law in the Kingdom of Saudi Arabia, issued by the Zakat, Tax, and Customs Authority, includes basic definitions, tax imposition, and registration and licensing requirements for tax warehouses. The tax is imposed on goods in accordance with the unified agreement of the Gulf Cooperation Council, and individuals wishing to import or produce selective goods must register with the authority. The law specifies the responsibilities of registrants, including the safety of goods, and re...

Release Date:

1438-08-27

Release Tool:

Royal Decree

Issuance Instrument Number:

m/86

Validity:

Valid

Date of last amendment:

1441-04-28

Summary:

By AI

The Selective Tax Law in the Kingdom of Saudi Arabia, issued by the Zakat, Tax, and Customs Authority, includes basic definitions, tax imposition, and registration and licensing requirements for tax warehouses. The tax is imposed on goods in accordance with the unified agreement of the Gulf Cooperation Council, and individuals wishing to import or produce selective goods must register with the authority. The law specifies the responsibilities of registrants, including the safety of goods, and re...