Cpa Club

Connecting Finance Professionals


GAZT signs MoUs with accounting and IT service providers to support SMEs’ preparations for VAT

  Riyadh, 17 Sep, 2017: The General Authority for Zakat and Tax (GAZT) has signed a series of Memorandums of Understanding (MoUs) with providers of accounting and IT software solutions, as part of its efforts to support small and medium enterprises

  • Sunday, October 1, 2017
  • |
  • VAT
  • |
  • 932
  • |

GAZT urges eligible businesses to register and ensure readiness for VAT

Riyadh, November 20, 2017:With the Value Added Tax (VAT) registration deadline approaching fast and being just one month away (20th December 2017) the General Authority of Zakat and Tax (GAZT) urges businesses with annual revenues over SAR 1,000,000

  • Monday, November 20, 2017
  • |
  • VAT
  • |
  • 703
  • |

GAZT signs agreement with SOCPA to examine VAT Readiness of Large Taxpayers

Riyadh, October 17, 2017: The General Authority of Zakat and Tax (GAZT) signed an agreement with the Saudi Organization for Certified Public Accountants (SOCPA) to examine the readiness of a number of large taxpayers’ accounting systems to apply the

  • Tuesday, October 31, 2017
  • |
  • VAT
  • |
  • 721
  • |

GAZT Board of Directors approves VAT Implementing Regulations

Riyadh, 25 Sep, 2017: The Board of Directors of the General Authority of Zakat and Tax (GAZT), chaired by His Excellency the Minister of Finance Mohammed Al-Jadaan, has approved the VAT Implementing Regulations ahead of the introduction of

  • Monday, September 25, 2017
  • |
  • VAT
  • |
  • 833
  • |

Saudi may raise domestic Petrol prices by 80%

Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest oil exporter pushes a program to curtail spending after a global slump in prices.  The government would b

  • Monday, September 18, 2017
  • |
  • Others
  • |
  • 715
  • |

SAGIA Launches a New Service for Investor’s Instant Licenses Renewal

Riyadh, Kingdom of Saudi of Arabia, 06 August 2017: The Saudi Arabian General Investment Authority (SAGIA) recently issued the instant license renewal service, which allows investors to directly and immediately renew their investors’ licens