ZATCA says 26,500 individuals and business VAT-registered

17/03/2023 Argaam
Logo of Zakat, Tax and Customs Authority (ZATCA)

Logo of Zakat, Tax and Customs Authority (ZATCA)

The Saudi Zakat, Tax and Customs Authority (ZATCA) said the total number of individuals and businesses that registered for value-added tax (VAT) reached 26,540.

 

ZATCA is committed to applying VAT provisions, including penalties on violations, Al-Eqtisadiah newspaper reported.

 

A fine of SAR 10,000 will be imposed on those who fail to register for VAT during the regulatory period, ZATCA added.

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