Insights

VAT Refund Claims in Saudi Arabia

An Opportunity for Non-Resident Businesses

Understanding the intricacies of Value Added Tax (VAT) refund claims in the Kingdom of Saudi Arabia (KSA) is paramount for non-resident businesses aiming to enhance their financial operations. Recently, the Zakat, Tax, and Customs Authority (ZATCA) introduced clearer guidelines for VAT refund processes, providing eligible businesses with a more streamlined approach. As the deadline for claiming refunds—30 June 2024—approaches, it's crucial for businesses to grasp the process and capitalize on this opportunity to recover VAT on eligible expenses incurred in the Kingdom.

In light of this, we have developed a guide tailored to the needs of non-resident businesses. Our flyer covers essential information regarding eligibility criteria, deadlines, and the VAT refund process outlined by ZATCA. With our expertise in KSA VAT regulations and our commitment to delivering value-added services, we are well-equipped to support businesses in maximizing their refund potential and ensuring compliance with regulatory requirements.

Backed by a dedicated team of KSA VAT refund specialists within our Indirect Tax practice, Deloitte offers expert support to navigate every aspect of the VAT refund process.

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