VAT Consultancy

What is VAT Consultancy?

Value Added Tax (or VAT) is an indirect tax which is imposed on selected goods and services that are bought and sold by businesses. It is also referred to as a consumption tax where the tax is collected for government by a registered business that sells goods or services to a customer VAT Consultancy

How Does it Work ?

VAT is imposed at each stage of the supply chain from the production and distribution to the final sale of the good or service. The VAT cost collected throughout the supply chain is ultimately borne by the end consumer with businesses acting as an agent for the Government collecting VAT on the Value added to the goods and services at each stage of the supply chain.

VAT Consultancy Services In Saudi Arabia

More Information

VAT in the GCC is part of efforts across the region to support the diversification of government revenues. The introduction of VAT will create a new source of stable and predictable revenue for governments which can then be used to finance important public services. Introduction of VAT in Saudi Arabia is part of the ambitious economic transformation strategy aimed at building an economy and state budget with a reduced dependency on oil and gas revenues.


VAT will be introduced in the Kingdom of Saudi Arabia on January 1st 2018.

The VAT rate will be introduced at a standard rate of 5% – one of the lowest rates for VAT anywhere in the world.


VAT, as a general consumption tax, will apply to the majority of transactions of goods and services unless specifically exempted or excepted by law.

Businesses will be responsible for carefully documenting their business income and costs and associated VAT charges. Registered businesses and traders will charge VAT to all of their customers at the prevailing rate and incur VAT on goods / services that they buy from suppliers. The difference between these sums is reclaimed or paid to the government


Registered businesses will need to file a VAT return to the authority, on a regular basis, reporting VAT paid and VAT collected and settle the net difference with the authority.


Businesses will need to ensure timeliness and completeness of their financial and business records. This includes collecting invoices and accounting for the goods or services bought and sold as well as the VAT paid and charged.


More details on the introduction of VAT will be published in the coming months on the GAZT website.


VAT is imposed at each stage of the supply chain from the production and distribution to the final sale of the good or service.

عزيزنا، يسرنا في مؤسسة هلكون لتقنية المعلومات (تيلينوك ) أن نشارككم خدمات الاستشارات والتطبيق لضريبة القيمة المضافة على النحو التالي: (يرجى الاتصال بنا في حال وجود أي متطلبات..)

Project Details for VAT Implementation (Scope & Methodology)

خدمات الاستشارات والتطبيق لضريبة القيمة المضافة

Phase 1 Activities – Impact Assessment & Response

المرحلة 1: الأنشطة – تقييم الأثر والاستجابة:



Phase 2 Activities – Planning Strategy & Preparation

المرحلة 2: الأنشطة – استراتيجية التخطيط والتحضير:



Phase 3 Activities – Implement & Test

المرحلة 3: الأنشطة – التنفيذ والاختبار:



Phase 4 Activities – Post Implementation Review

المرحلة 4: الأنشطة – استعراض مرحلة ما بعد التطبيق



Impact Assessment from a VAT Perspective

تقييم الأثر من منظور ضريبة القيمة المضافة:

VAT Structure Optimization

Intercompany Transactions


Import of Goods and Services

Pricing Policies

VAT Treatment

Implementation of the VAT & Testing on VAT return samples

Assist the Company through a field training for the related responsible departments in implementing of the VAT, after reviewing a sample of the suppliers and customers contracts and what is the impact of the VAT to these contracts, and how can the client reflect it, also will be provide a field training of the responsible department on how they should prepare the VAT return.

Training for Employees

Provide training to employees thereby ensuring a deep understanding of VAT and so that they can deal it properly.