Law Statutes


KSA- Value Added Tax Law


Article one:
1.    The following words and phrases, wherever mentioned in the Law, shall have the meanings set out against each of them unless the context requires otherwise:

Authority: The General Authority of Zakat and Tax.

Law: Value Added Tax Law.

Agreement: The Unified Agreement for Value Added Tax for the Cooperation Council for the Arab States of the Gulf.

Kingdom: The territory of the Kingdom of Saudi Arabia, including the areas located outside the territorial waters in which the Kingdom of Saudi Arabia practices the rights of sovereignty over its water, the seabed, the layers under the soil and natural resources, pursuant to its laws and international law.

Regulations: Any implementing regulations for the Law.

Board of Directors: Board of Directors of the Authority.

Output Tax: The tax due and chargeable on any Taxable Supply of Goods or Services made by a Taxable Person.

Tax Invoice: An invoice issued in respect of Taxable Supplies in accordance with the requirements set out in the Law and the Regulations.

2.    Except as provided in paragraph (1) of this article, words and phrases used in the Law shall have the meanings given to them in the Agreement.

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