The Kingdom of Saudi Arabia introduced Value Added Tax (VAT) at a standard rate of 5% in 2018, later revised to 15%, as part of its economic diversification plans under Vision 2030. All businesses in Saudi Arabia meeting the required turnover threshold are legally obligated to register for VAT with the Zakat, Tax and Customs Authority (ZATCA).
At BMS Auditing, we simplify the complex process of VAT registration in Saudi Arabia for businesses, ensuring complete compliance and peace of mind.