- Saudi Arabia warns businesses to pay outstanding VAT by end of the year
- The Zakat, Tax and Customs Authority (ZATCA) urges commercial establishments to submit VAT statements for November by December 31
- Businesses with annual revenues on goods and services exceeding SR40m ($10.7m) are affected
- Failure to comply may result in fines
Source: arabianbusiness.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
