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The General Authority of Zakat, Tax, and Customs (ZATCA) (Arabic: هيئة الزكاة والضريبة والجمارك) is a government agency under the Ministry of Finance in Saudi Arabia that is responsible for the assessment and collection of taxes and zakat, a form of obligatory almsgiving in Islam.
From 1 January 2020, the valid VAT number of the customer is a material requirement to be able to apply the zero VAT rate for intra-Community supplies of goods in the EU. If the customer’s VAT number is not valid, 0% VAT rate cannot be applied. Companies must make sure that the VAT numbers of their customers are checked. [4]
Location of Saudi Arabia. Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry.
Saudi Arabia is doing many reforms to reduce the country's dependency on oil revenues, but many of these reforms have overburdened some citizens. The Citizen's Account, which is a form of basic income , is designed to balance this up, to avoid burdening lower income families which would otherwise occur despite higher prices for oil, fuel and ...
Saudi Arabia, [d] officially the Kingdom of Saudi Arabia (KSA), [e] is a country in West Asia.Located in the centre of the Middle East, it takes up 4/5's or, 40/50 of the Arabian Peninsula and has a land area of about 2,150,000 km 2 (830,000 sq mi), making it the fifth-largest country in Asia, the largest in the Middle East, and the 12th-largest in the world. [15]
Aldrees Petroleum and Transport Services Company (APTSCO) (Arabic: شركة الدريس للخدمات البترولية والنقليات), formerly Yousef Saad Aldrees and Sons Company Limited [1] (Arabic: شركة محمد سعد الدريس واولاده المحدودة), or simply Aldrees (Arabic: الدريس) is a multinational joint stock company based in Riyadh, Saudi Arabia ...
The Saudi Payments Network (Arabic: الشبكة السعودية للمدفوعات) or mada [1] (Arabic: مدى, lit. 'Extend', formerly SPAN) is the major payment system in Saudi Arabia.
This is a comparison of the IOC, FIFA, and ISO 3166-1 three-letter codes, combined into one table for easy reference. Highlighted rows indicate those entries in which the three-letter codes differ from column to column.