- All companies, businesses or entities which make an annual taxable supply of goods
and services in excess of SAR 375,000 are legally required to register for VAT with
the General Authority for Zakat and Tax.
- The registration period for companies below SAR 1M in revenues will extend until
the end of 2018.
- Those which make an annual taxable supply of goods and services in excess of SAR
187,500 but less than SAR 375,000 are eligible for to register voluntarily. Voluntary
registration provides significant benefits for the companies since it allows the
deduction of input tax.
- Businesses which are generating less than 187,500 SAR annual revenue are exempt
from the need to register
Businesses that provide goods and services which are not subject to VAT are not required to register for VAT.