GAZT to implement VAT soon, and issues a public survey concerning VAT’s by-law

The Kingdom of Saudi Arabia intends to implement the VAT (Value-added Tax) starting as of 01/January/2018 G.

A draft of the VAT’s by-lawl has been published as of 19/July/2017 G, covering all the encompassed sectors within The Kingdom in details.

The General Authority of Zakat and Tax has issued a public survey, seeking public opinions on the VAT bill’s by-law from the private sector, relevant entities and the public in general. The survey ceases to accept new opinions on 19/August/2017.