VAT Registration in KSA – BMS Auditing Experts

Our experienced team guides you through every step of the registration process, helping you avoid penalties and operate smoothly under VAT laws.

BMS Auditing has the best VAT consultants offering VAT Services in KSA that guide you to do VAT Registration in Saudi Arabia more efficiently. Contact us! Our team has great knowledge and is highly experienced and skilled in assisting client businesses with the registration process. 

Types of VAT Registration in KSA

VAT does not mandate all businesses to register for VAT. The VAT regulations have implemented a margin in the case of VAT registration in Saudi Arabia. This margin is defined based on the annual value of products. Every Business that thinks of getting a VAT Certificate in Saudi Arabia falls under any one of the following,

Mandatory Registration

The businesses established in the Kingdom of Saudi Arabia with taxable goods with a value exceeding SAR 375,000 in the previous financial year must register for VAT in Saudi Arabia. The non-resident businesses must register for VAT regardless of the registration margin. Moreover, a non-resident need to hire a GAZT-approved Tax Representative from KSA.

Voluntary Registration

This is an optional registration for specific groups of businesses in Saudi Arabia. Businesses having residence in KSA with a value of the taxable products falling between SAR 187,500 & SAR 375,000 in the previous year, are eligible for VAT Registration in Saudi Arabia. 

Under this category, VAT registration is not mandatory for businesses. However, if registered, you get notable benefits in your businesses as it enables the deduction of input tax. 

Registration Exemption

Here, the businesses involved in supplying zero-rated products are exempted from VAT registration, although the value of the annual production exceeds the registration margin. However, these businesses are eligible for Voluntary registration. 

Documents Required For VAT Registration in Saudi Arabia

There are certain documents required for VAT registration in Saudi Arabia:

• Name of the business, which includes ID information or name of the concerned individual

• Address, such as email and other contact details

• Electronic identification number provided by the GAZT, if any

• CR (Commercial Registration) number

• Mention the date of VAT registration, or a requested alternative date

• The annual worth of taxable products

Types of VAT Services in KSA

BMS Auditing in KSA is a pioneer in VAT consulting, with a highly experienced and knowledgeable team who assists you with all the aspects concerning VAT. BMS provides quality services for VAT in KSA wherein you are updated on changes in regulations so you stay compliant with the rules declared by ZAKAT. 

• VAT Registration in KSA
• VAT Return Filing in KSA
• VAT Refund
• VAT Accounting
• VAT Audit
• VAT Health Check
• VAT Consultancy
• VAT De-Registration

© 2024 Crivva - Business Promotion. All rights reserved.