05282018Mon
Last updateSat, 28 Apr 2018 7pm

General Authority for Zakat and Tax signs agreement with government agencies to implement VAT

The General Authority for Zakat and Tax (GAZT) will sign a cooperation agreement with the Ministry of Municipal and Rural Affairs to facilitate the compliance of businesses on Valued Added Tax (VAT), following similar agreements with the Ministry of Labor and Social Development and Saudi Customs.

The agreement is part of GAZT’s wider efforts to encourage businesses to register for VAT ahead of the registration deadline on 20th December 2017, and to promote coordination between government agencies to ensure the compliance of businesses with tax requirements.