COVID-19 Update: Saudi Arabia | Tax and VAT deadline extension
Important information for all incorporated companies in Saudi Arabia
To mitigate the impact on economic activities arising due to Pandemic (COVID-19), the government of Saudi Arabia has announced it will postpone the filing and the associated payments of the following for three months; Zakat, income tax, withholding tax, value-added tax, and excise tax due within the period from 18 March 2020 to 30 June 2020 as follows:
1. Zakat and income tax returns for the year ended 31 December 2019
| Tax period | Original due date | Extended due date |
|---|---|---|
| Fiscal year 2019 ended 31 March 2019 | 29 April 2020 | 29 July 2020 |
- GAZT will issue Zakat or tax certificates for the year 2019 without any restrictions.
- There will be a suspension of fines for late payment of installments, fines for amendment of declarations, fines for noncooperation of taxpayers, and examination fines during the period of initiatives from 18 March 2020 to 30 June 2020.
- Businesses who are filing the return now can also delay the payment of Zakat or tax till the extended due date. No cash advance or bank guarantee is to be furnished.
2. WHT returns, filing and payments extended for three months
| Tax period | Original due date | Extended due date |
|---|---|---|
| March 2020 | 10 April 2020 | 10 July 2020 |
| April 2020 | 10 May 2020 | 10 August 2020 |
| May 2020 | 10 June 2020 | 10 September 2020 |
Note: Due dates of returns from the month of June 2020 will not change.
3. VAT returns and payments extended for three months
| Tax period | Original due date | Extended due date |
|---|---|---|
| February 2020 | 31 March 2020 | 30 June 2020 |
| March 2020 | 30 April 2020 | 31 July 2020 |
| April 2020 | 31 May 2020 | 31 August 2020 |
| May 2020 | 30 June 2020 | 30 September 2020 |
Note: Returns from June 2020 will not be postponed.
Quarterly VAT returns
| Tax period | Original due date | Extended due date |
|---|---|---|
| January to March 2020 | 30 April 2020 | 31 July 2020 |
Note: Returns in the second quarter (April to June 2020) will not be extended. The original due date of 31 July 2020 shall be applicable.
The deferral of VAT payment on imports does not require submitting any applications to GAZT. There will be a system-enabled mechanism of deferring the payment of tax for those who are VAT registered until 30 June 2020, provided that the deferred tax is recognized during the tax return for the same tax period in which the date of import took place.
KSA
Moon tower 3rd Floor
7586 King Fahd road, Riyadh
Phone: +966 11 411 1127
UAE
Office 3601, JBC 1,
Cluster G, JLT,
Dubai
Phone: +971 44 508 208
Canada
1 Yonge Street, Suite 1801
Toronto, Ontario
Tel. +1 416 214 6888
Kuwait
Osama Building, Office 2,
AL-Qibla Block 11,
Fahed AL- Salem Street
India
No. 500 Hegde Nagar
Main road, Dr. Shivarama
karanth Nagar,
Bangalore 560077.
Phone: +91 804 394 4873
Egypt
ResCo-Work08, Namaa
Building, 5th Floor,
Emtedad Ramses,
6th district, Nasr City,
Cairo
- KSA
-
Moon tower 3rd Floor
7586 King Fahd road, Riyadh
Phone: +966 11 411 1127
- UAE
-
Office 3601, JBC 1,
Cluster G, JLT, Dubai
Phone: +971 44 508 208
- Kuwait
-
Osama Building, Office 2,
AL-Qibla Block 11,
Fahed AL- Salem Street
- Canada
-
1 Yonge Street, Suite 1801
Toronto, Ontario
Tel. +1 416 214 6888
- India
-
No.500 Hegde Nagar Main road, Dr. shivarama karanth Nagar,
Bangalore 560077.
Phone: +91 804 394 4873
India
Phone: +966 11 411 1127
E-mail: [email protected]
India
Phone: +966 11 411 1127
E-mail: [email protected]
India
Phone: +966 11 411 1127
E-mail: [email protected]
India
Phone: +966 11 411 1127
E-mail: [email protected]
India
Phone: +966 11 411 1127
E-mail: [email protected]
India
Phone: +966 11 411 1127
E-mail: [email protected]