Part of KaafMeem responsibility of keeping you updated in regard to the continuous changes in the market. We would like to inform you that the Value Added Tax (VAT) in the kingdom of Saudi Arabia will increase from 5% to 15% starting 1st of July 2020
In accordance with the final KSA VAT law and the related implementing regulations which have been issued, Mira Alzad wa Alkhair Ltd. one person Co. "KaafMeem" will charge VAT at the applicable rate on all products and services provided by "KaafMeem" to you in Saudi Arabia, effective from 1 July 2020. VAT will be charged in addition to the agreed contractual prices and rates and will be paid to the General Authority of Zakat & Tax (GAZT) in compliance with the Saudi Arabia VAT law and implementing regulations
Mira Alzad wa Alkhair Ltd. one person Co. is registered for VAT with the GAZT as required under the VAT Laws and implementing regulations. Mira Alzad wa Alkhair Ltd. one person Co. VAT registration number is 310464536600003
Please note that this letter supersedes any contrary terms relating to VAT in the agreement entered into with Mira Alzad wa Alkhair Ltd. one person Co., or in relation to the products or services provided by Mira Alzad wa Alkhair Ltd. one person Co. In case you have any queries, please reach us on email@example.com .
For more information on VAT, you may visit the website of GAZT.