VAT REGISTRATION IN SAUDI ARABIA: EVERYTHING YOU NEED TO KNOW – BY BMS AUDITING

VAT Registration in Saudi Arabia: Everything You Need to Know – by BMS Auditing

VAT Registration in Saudi Arabia: Everything You Need to Know – by BMS Auditing

Blog Article

Saudi Arabia introduced Value Added Tax (VAT) in 2018 as part of the country’s economic diversification plan under Vision 2030. Since then, businesses operating in the Kingdom must comply with the VAT regulations set by the Zakat, Tax and Customs Authority (ZATCA). At BMS Auditing, we help businesses navigate the VAT system smoothly and stay compliant with Saudi tax laws.

Who Must Register for VAT in Saudi Arabia?


VAT registration in Saudi Arabia is mandatory or voluntary based on a business’s annual taxable turnover:





  • Mandatory Registration:





    • Businesses with annual taxable supplies exceeding SAR 375,000 must register for VAT.




    • Non-resident businesses supplying taxable goods or services in Saudi Arabia must also register.






  • Voluntary Registration:





    • Businesses with turnover or expenses exceeding SAR 187,500 may register voluntarily, which helps reclaim input VAT.






How BMS Auditing Can Help


With our strong presence in Saudi Arabia and deep experience in regional tax laws, BMS Auditing offers comprehensive VAT services:





  • VAT registration and compliance support




  • VAT return preparation and filing




  • Advisory on complex VAT issues and structuring




  • Handling ZATCA queries and audits




We ensure that your business remains fully compliant while minimizing the risk of fines and penalties.



Let Us Handle Your VAT Needs


VAT compliance in Saudi Arabia can be complex, but with the right guidance, your business can meet all obligations with ease. Let BMS Auditing take care of your VAT registration and compliance needs so you can focus on growth.

Report this page