Contributed by Mohamed Gamal Soliman, Moayad Qassim and Hussain Al-Dulaim, PKF Al Bassam & Co
| VAT registration threshold – local establishment | SAR 375,000 |
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| VAT registration threshold – no local establishment | Non-residents are required to register for VAT if they have an obligation to pay VAT in Saudi Arabia, regardless of business turnover. They must apply for registration within 30 days of the first supply in relation to which the duty to pay VAT arose. |
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| Voluntary VAT registration | The threshold for voluntary registration is 50% of the mandatory VAT registration threshold.
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It is possible to register voluntarily for VAT in Saudi Arabia therefore if:
• the value of the person's supplies or expenses for the previous 12 months is between SAR 187,500 and SAR 375,000; or
• the value of the person's supplies or expenses is expected to be between SAR 187,500 and SAR 375,000 within the following 12 months. |
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| How to register for VAT | If a person is required to register for VAT in Saudi Arabia, they must apply to the tax authority |
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Web page updated on 24 Aug 2024 15:24