Overview - VAT

According to ZATCA “Value Added Tax (or VAT) is an indirect tax imposed on all goods and services that are bought and sold by businesses, with a few exceptions. VAT is imposed at each stage of the supply chain from the production and distribution to the final sale of the good or service. Saudi Arabia imposed VAT on January 1, 2018. VAT was introduced at a standard rate of 5%.”

• VAT Set-up
  • Set Up Your Organization
  • Set Up Tax
• Customers And Vendors
  • Tax Treatment
• Items
• VAT in Transactions
  • Sales Transactions
    • Purchase Transactions
• VAT Filing
  • Tax Return
  • VAT Audit Report
  • Generate VAT Audit File
• Tax Payment