The Kingdom of Saudi Arabia (KSA) has recently announced that the Value Added Tax (VAT) rate will triple to 15% effective 1 July 2020. KSA is also planning to significantly increase the Customs duty rates on a number of commodities imminently. Businesses within the Fast-Moving Consumer Goods (FMCG), Automotive, Construction, and Oil & Gas sectors may be affected, potentially significantly.
Join Robert Walters and in association with Deloitte Middle East for unique insights from experts at the forefront of helping businesses navigate the changing landscape.
Value Added Tax (VAT):
Customs and Global Trade:
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