Tourists Can Now Claim VAT Refunds in Saudi Arabia – New Rules in Effect
Tourists visiting Saudi Arabia are now eligible for a refund on the 15% Value Added Tax (VAT) paid on goods and services purchased during their stay, following amendments to the VAT Regulation introduced by the Zakat, Tax and Customs Authority (ZATCA). The new VAT refund system came into effect on Friday, April 18. The updated regulation stipulates that a zero...