Tag: value added tax

Customers, Legal and Business

Why and how to select a tax advisor?

Having a great tax advisor provides multiple benefits to entrepreneurs but also to individuals: The right advisor can allow business owners to save millions. The tax advisors can help expatriates to optimize their taxes while living in Saudi Arabia. The tax advisors can support local companies in the submission of zakat and other Saudi taxes. Whether you are searching for the best tax advisor for … Continue reading Why and how to select a tax advisor?

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Legal and Business, Pro Center

Are The Saudi Professionals And SMEs Ready to Implement The VAT?

The Saudi government has approved the introduction of VAT of 5% starting from January 1st, 2018, unless the goods or services are exempt or zero-rated. The VAT will be applicable on multiple sectors including: consumer and industrial products, technology, media and telecommunications, financial services and real estate. Some sectors such as education, health, and transportation may be exempt or at zero rate. Small and medium … Continue reading Are The Saudi Professionals And SMEs Ready to Implement The VAT?

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