Saudi Arabia Applies New VAT Rate
31-Dec-2017
RIYADH – As of January 1, 2018, Value Added Tax (VAT) of 5% has been applied in Saudi Arabia in relation of goods and services.
As a result of this new regulation, professional (attorney) charges of all intellectual property related transactions and services in Saudi Arabia are subject to the new VAT rate.
Furthermore, we would like to inform you that the publication fees of all types of trademark applications (new, renewal and recordal applications) have increased by 5% and shall be included in the VAT.
For more information, please contact our office in Saudi Arabia at: ksa@agip.com