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VAT Refund Services For Non-Residents

Between 2018 and 2020, Saudi Arabia saw significant VAT changes, starting at 5% and rising to 15% by May 2020. Taxpayers had to adapt strategies due to interpretation challenges and increased costs in transactions with non-residents. Concerns arose about VAT leakage, requiring careful compliance from businesses.

In February 2023, the KSA Tax Authority issued a Tax Circular detailing the process for VAT refunds to non-resident taxpayers, as per Article (67) of the GCC VAT Framework. This Circular streamlines the refund process, enabling eligible non-resident taxpayers to seek VAT refunds in KSA through a two-stage application using the online portal’s e-service. ADCPA offers specialized expertise in facilitating VAT refund services, empowering clients to optimize reclaims, reduce administrative burdens, and enhance financial efficiency, allowing them to concentrate on core operations.

 

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If you’re seeking reliable and specialized financial consultations in Saudi Arabia, please get in touch with us today. We’ll be happy to assist you in enhancing the transparency and reliability of your financial operations.