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Showing posts with the label VAT Consultants in Saudi Arabia

VAT Snapshot – 2018 (VAT in GCC)

Value Added Tax in Dubai - UAE Snapshot VAT Registration Dates VAT Registration Opened |  1 st October 2017 Registration Deadline 31 October 2017 : Companies/ business having an Annual Turnover of more than AED 150 million Registration Deadline 30 November 2017 : Companies/ business having an Annual Turnover of more than AED 10 million Registration Deadline 04 December 2017 : All other companies/ organizations who exceed the minimum threshold which is AED375,000. Record Maintenance Proper books of accounts and financial records (invoices, vouchers, bills, agreements) Books of accounts to be maintained for 5 years VAT related record, Invoices, Bills should be maintained with serial numbers VAT Percentage Standard Rated – 5% Zero Rated 0% VAT Registration Mandatory Registration - Annual Turnover of more than AED375,000 Optional Registration - Annual Turnover 187,500 to 375,000 Registration Not Required – Annual Turnover below AED 187,500 ...

How to choose a Good VAT Consultant in Saudi Arabia, Jeddah, Riyadh

Value Added Tax (VAT) in Kingdom Saudi Arabia How to hire a VAT Consultant in Saudi Arabia A Good VAT Advisor can avoid fines and keep the company operations smooth. To avoid fines hire experienced VAT Consultants in Saudi Arabia. Value Added Tax (VAT) in Kingdom Saudi Arabia is something new for the finance, IT, operations, Admin, Human Resources, logistics, marketing and sales and consumers at large. The only question in minds right now is "How to deal effectively with Value Added Tax (VAT) in Kingdom Saudi Arabia. With the launch of VAT in GCC the companies have already started hiring consultants in all over GCC especially Saudi Arabia and UAE (United Arab Emirates). Consultants are also approaching   organization  in their own way to guide them on how to handle VAT complicated issues in Saudi Arabia. Even some of them have developed VAT applications (VAT App, IOS, Andriod) in order to   facilitate  their clients as a useful tool. Since the ...