The Zakat, Tax and Customs Authority (‘ZATCA’) announced that property deals in Saudi Arabia are exempted from a 15 percent value-added tax (VAT) to support the real estate sector as of 4 October 2020. After that ZATCA issued a Ministerial…
Read More VAT refund to eligible real estate developers in KSA
Saudi Arabia plans to increase the number of startups in the economy so local small and medium enterprises (SMEs) will exempt from commerce fees register for three years. The exemption will be granted to those wishing to get a new…
Read More Exemption from commerce fees for local Saudi SME’s in KSA
Digitalization has become a key aspect in all of our lives. New technology has proved to be really effective in cutting operational costs and ensure transparency. SME’s are relying on digital solutions to streamline procedures. The exchange of an integrated electronic…
