Riyad Capital announcement of the amendment of the value-added tax rate from 5% to 15% effected from Wednesday Tenth of Dhu Al-Qi'dah for the year 1441 AH corresponding to the first of July 2020
Back to newsReferring to the Ministry of Finance's decision to raise the value-added tax rate starting from July 1, 2020 from 5% to 15% on all products and services subject to it, the new percentage will be applied starting from July 1, 2020 AD on all taxable products and services of Riyad Capital.