Overview of VAT in Saudi Arabia

This video provides an overview of Value Added Tax (VAT) in Saudi Arabia. There a lots to talk and discuss on VAT which will be covered in future. This is dedicated to young Saudi nationals and Tax enthusiast who have studied Tax in university or encountered taxes fairly recently when Saudi Arabia introduced the VAT system in 2018. This is my tribute to Saudi society where I have spent almost my entire career of over 15 years practicing Saudi Tax. Basic objective of this Channel is to introduce Saudi tax system in simple and comprehensive manner to our young Saudi national human resource so that they can learn and formally be part of this change. Needless to say, information contained are interpretation based on my experience that has been gained during these 15+ years practicing Saudi Tax. As like any other law / regulation, many of the aspects are also subject to interpretation and practices that are depending upon substance / documentation Basic purpose of this Channel is for education and development only, as such a professional advise should be sought before applying the comments shared herein to real life situation. For any details or clarification, please feel free to contact me at +966.55.729.4327 or [email protected]. Wish you good luck and happy learning.