VAT’s UP

ZATCAs 2 hours Customs Clearance Initiative continues its efforts

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Riyadh September 20, 2022:

The Zakat, Tax and Customs Authority (ZATCA) has concluded making all the necessary preparations to expand the application of the customs clearance initiative within the two hours specified by the noble royal order and has worked on this in collaboration with 26 government agencies that serve as customs clearance agencies.

The Authority is expanding the implementation of the initiative in order to further the clearance system’s efforts to facilitate cross-border trade in line with the goals of the Kingdom’s Vision 2030 to become a global platform for logistics service.

According to the Authority, importers’ can utilize the feature of pre-submitting the documents needed for importation 72 hours before the consignment arrives at the port, in addition to meeting all clearance requirements from the relevant authorities, and contribute to the accomplishments made during the final stage of the clearance system.

In this regard, the Authority, through its integrated work with the National Competitiveness Center and in continuous cooperation with the clearing authorities, has achieved a tangible development at the level of customs clearance procedures within the framework of its strategy that meets the requirements of the Kingdom’s vision 2030 to be a pioneer in customs work at the regional and global level, fostering national competitiveness and enhancing national competitiveness.

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