UAE – August 19, 2021:

The Saudi Zakat, Tax, and Customs Authority (ZATCA) has issued a VAT Guideline for Government Bodies in the Kingdom of Saudi Arabia . To view the guide click here.

The guide is directed towards Saudi Government bodies, with the objective to provide clarifications with respect to the interpretation of Economic Activity for VAT purposes in addition to the VAT treatment of transactions between persons and such bodies. The guideline provides information on the VAT treatment of activities undertaken by these bodies especially those activities that are subject to VAT and those that are outside the scope of VAT.

For further advice on specific transactions visit the official website at zatca.gov.sa which contains a wide range of tools and information to support persons subjected to VAT, as well as visual guidance materials and other relevant information.