Saudi Arabia’s Zakat, Tax and Customs Authority has urged VAT-registered companies with annual revenues exceeding SR40m ($10.7m) to submit their tax returns for final November by December 31, 2025.
The authority known as on eligible enterprises to finish their filings promptly by way of its official web site, zatca.gov.sa, or through its cellular software, ZATCA, warning that delays might end in monetary penalties.
ZATCA stated that failure to submit VAT returns on time triggers penalties starting from a minimal of 5 per cent to a most of 25 per cent of the tax due.
Saudi tax laws
The reminder targets companies topic to Worth-Added Tax with annual items and companies revenues above the SR40m threshold.
To assist compliance, the authority inspired taxpayers in search of further details about VAT obligations to contact it through:
Worth-Added Tax is a regulation in power within the Kingdom and operates as an oblique tax utilized to most items and companies purchased and bought by companies, topic to sure exceptions.
ZATCA stated well timed submitting helps guarantee compliance with the VAT system and avoids pointless penalties for companies working in Saudi Arabia.
