The Government of the Kingdom of Saudi Arabia (‘KSA’) has announced an increase in customs duty rates for an extensive range of goods, including foodstuff, mineral and chemical products, plastic, rubber, leather goods, textile and footwear, base metals (e.g. steel, iron, nickel, copper, aluminium), cement, ceramic, machinery, equipment and electrical equipment, toys, furniture, vehicles and various other manufactured goods.
I am delighted to invite you to the next in our series of Global ITX webcasts – VAT in the GCC, one month after implementation.
Date: February 13, 2018
Time: 3:00pm – 3:30 CET (9 Eastern)
This webcast will update you on the latest VAT developments, since go live on 1 January 2018,Read More »
Please be advised that KSA has released the final VAT Regulations.
Please find HERE the final version for your information.
Bildquelle: Reinhold Kiss / pixelio.de
In brief
The Value Added Tax (VAT) law was published in KSA’s official gazette (UM AL-QURA) in its issue number 4681 dated 28 July 2017.
The VAT law indicates that VAT will enter into force from the start of the fiscal year following the date of its publication in the official Gazette, i.e. 1/1/2018. Read More »
There have been two important developments in the GCC which could be of interest for you and probably require your attention:Read More »
PwC Switzerland ITX
Michaela Merz 