VAT
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Saudi Arabia
Saudi Customs: No taxes on new personal belongings worth less than SR 3,000
Saudi Customs has clarified that travelers arriving in Saudi Arabia will not have to pay customs duty on new personal…
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Economy
No VAT on Medicine and Medical Equipment
The value-added tax (VAT) will not be imposed on drugs, vitamins, medical devices and products registered with the Saudi Food…
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Economy
VAT of 5% on Money Transfer Fees but not on the Amount
Money transfer charges will increase from Jan. 1 as 5% Value Added Tax (VAT) will be levied on money transfer…
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