More than 4,500 companies and establishments have been registered since January 2019

Manama, Sept. 03, (BNA) The National Revenue Authority (NTRA) announced the continuation of the stage of registering companies and establishments for value added.The total number of companies and establishments registered since January 1, 2019 to date is more than 4500 companies and establishments, in continuation of the efforts undertaken by the Authority to achieve implementation […]

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“GAZT ” calls on businesses whose annual revenues exceed SAR 40 million to file tax returns before end of December

 Riyadh – 24 December, 2018: The General Authority for Zakat and Tax (GAZT) called on all businesses registered in VAT whose annual revenues from taxable goods and services totals SAR 40 million or more to file their November tax returns before the end of December. In a statement, GAZT noted that these businesses are required […]

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Top 5 positive changes in GCC, thanks to VAT

Tax has become an important step towards ensuring region’s socio-economic resilience Following the signing of the Common VAT Agreement by GCC member states, value-added tax (VAT) has become an important step towards ensuring the region’s socio-economic resilience. The new tax regime is a proactive policy meant to diversify the GCC economy, bringing fundamental positive changes […]

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