VAT rates in Saudi Arabia (Downloadable)

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Tally Solutions, Feb-03-2020

With the introduction of VAT in Saudi Arabia, a new era has dawned in the country, where many goods and services supplied will attract VAT. For businesses having operations in Saudi Arabia, it is important to know the VAT rates applicable to the supplies that they make. The below table is a ready reckoner to understand the VAT rates applicable to different sectors in the country.

 

KSA VAT Rate Schedule

Supply

Taxable @ 5%

Taxable @ 0%

Exempt

Out of scope

Food & Beverages

✔

     

Transportation

       

Domestic transportation

✔

     

International transportation (including intra-GCC)

 

✔

   

Transportation services for goods or passengers outside KSA

 

✔

   

Supply of a qualifying means of international transport (vehicle, vessel, aircraft) with special specifications

 

✔

   

Supply of replacement parts, consumables, maintenance and repair services for qualified transport (with special terms)

 

✔

   

Real Estate

       

Commercial sale and rent

✔

     

Residential sale, where the property was not used or intended to be used as a permanent residence of the seller, or the seller’s relative (up to the fourth degree)

✔

     

Sale of own/close relative’s dwelling

     

✔

Hotels, inns, guest houses, motels and serviced accommodation rent

✔

     

Residential rent

   

✔

 

Rent of housing for students

   

✔

 

Education

       

Private education

✔

     

Public education

     

✔

Healthcare

       

Private healthcare

✔

     

Public healthcare

     

✔

Medicines and medical equipment issued by KSA Ministry of Health and SFDA

 

✔

   

Oil, Oil derivatives and Gas sector (domestic)

✔

     

Investments in Gold, Silver, and Platinum

       

≥99% pure and tradable in global markets

✔

 

   

<99% pure

✔

     

Wired and Wireless telecommunication and Electronic services

 

     

Financial Services

       

Margin based products

   

 

✔

Operation of any current, deposit or savings account

   

 

✔

Explicit fee, commission or commercial discount

✔

     

Insurance products (including health insurance)

✔

     

Insurance services and life reinsurance

   

✔

 

Interest or lending fees charged with an implicit margin for any form of lending (including loans and credit cards)

   

✔

 

Interest or lending fees charged with an implicit margin for finance (including finance leasing)

   

✔

 

Issue or transfer of a debt security or any other transferable monetary amount

   

✔

 

Government Activities

       

Public services provided by government agencies which are not considered as an economic activity, such as renewal of passport, driving license, etc.

     

✔

Others

       

Exports outside the GCC territory

 

✔

   

Services provided to non-GCC residents and consumed outside the GCC territory

 

✔

   

Activity exercised by employees bound to an employer by contract

     

✔

Supplies made by members of a single tax group

     

✔


You can download the VAT rate list (pdf file) right away! Download