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Value Added ٪5

Value Added ٪5

HEKAYT ADASAH Establishment imposes on all its productsvalue added 5%

 

VAT is an indirect tax imposed on all goods and services purchased and sold by enterprises, with some exceptions. VAT is applied in more than 160 countries around the world and is a key source of income that contributes to the strengthening of state budgets. The Kingdom has committed to apply VAT at 5% as of 1 January 2018 (14 Rabi 'Al Thani 1439). VAT is levied at each stage of the supply chain, from production through distribution to the final sale of a commodity or service.