Saudi Arabia to Increase VAT Rate to 15%

29-Apr-2020

RIYADH – Saudi Arabia’s government announced that it has decided to raise the Value Added Tax (VAT) from 5% to 15% starting from July 1, 2020.

The new VAT rate will apply to all goods and services provided in Saudi Arabia.

For more information, please contact our office in Saudi Arabia at ksa@agip.com