Today, 1 January 2018, Saudi Arabia introduces Value Added Tax (VAT) at a rate of 5% on all goods and services.
KAUST has implemented VAT and this is now effective. Please note that KAUST is registered for VAT and systems have been amended and are now live.
To learn more about the introduction of VAT on goods and services and read KAUST FAQ’s, please visit the finance web page: https://finance.kaust.edu.sa/Pages/Tax-Team.aspx
Henk Kriek
Chief Financial and Human Resources Officer