Starting from January 1, 2018, will Saudi Arabia at the rate of value-added tax by 5%, which is the lowest rate of value-added tax in the world, to the General Authority of zakat and income responsibility for the management and application of VAT in the kingdom of Saudi Arabia, in collaboration with all stakeholders, including the customs authority, to impose a VAT at every stage of the supply chain, starting from production, distribution and final sale of the good or service.
In the meantime, the General Authority for zakat and income in the kingdom is announcing the launch of application-added tax official, currently the app is available exclusively on the iOS operating system, provides many services related to tax including:
- Service assistance to enterprises in the calculation of value added tax.
- Service to ensure registration of enterprises using the tax number or the commercial register, with the possibility to use the feature scan the code in the certificate of registration of the property.
- The possibility of reporting any irregularities in installations taxed with the property of inclusion of the images and the location of the violation.
As it reviews the application of many supplier tariff in the VAT and winding the winding of the definitions of a task, finally the app is available free for download, if you’re interested you can download it moving to here.
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