Weekly Spotlight: All Entreprises Registered in Saudi Arabia to Pay VAT
The General Authority for Zakat and Income has confirmed that all enterprises registered to pay VAT, which have revenues from goods and services which exceed 40 million Riyals, should submit their tax return for June.
Enterprises with less than 40 million Riyals of revenues should submit their tax return for the second quarter of 2019 nine days after 31 July 2019.
However, the authority has stressed those with over the 40 million Riyals limit must submit their VAT return before the end of July 2019.