Introduction of VAT in Saudi Arabia
The Kingdom of Saudi Arabia is ready to implement a region-wide Value Added Tax from 1 January 2018. After issuing GCC Unified VAT agreement, the Kingdom of Saudi Arabia has published its draft VAT law along with VAT regulations. The enclosed fact sheet highlights the implications that VAT will have on businesses and provides extensive information on the implementation of this new indirect tax in the Kingdom of Saudi Arabia.For further reading regarding introduction of VAT in Saudi Arabia Law here
How can we help
Re/Think provides VAT Advisory, tax optimization, VAT implementation and training services in the UAE and throughout the GCC. Our team of senior qualified tax advisors, finance experts and tax accountants will ensure a timely and cost effective VAT services for SMEs. In addition to advisory and implementation services, our teams will be available after 1 January 2018 (“go-live” date) to perform VAT compliance in UAE and ongoing advisory, as your business grows and rules regarding VAT framework become more complex.
Who we are
Re/Think is a boutique accounting, audit, advisory, compliance and tax advisory firm, focused on providing businesses of varying sizes with timely, proactive, and customized business solutions from start-up and early development to the latest stages of a business lifecycle.We offer tailored regulatory expertise and focus on guiding clients to reduce the risk of non-compliance across a wide range of compliance services and regulatory advice. While we focus on compliance consultancy services including advisory, training and process improvement, we do not just tell you what to do, we give you practical ways to make things work for your business. For more information or to schedule a call on how we can help you, please contact tax@rethink-hq.com.