Value Added Tax

As of January 1, 2018, Value Added Tax (VAT) was implemented in Saudi Arabia, in accordance with the Framework Agreement between the Gulf Cooperation Council for the Arab States (GCC).

All suppliers are required to be registered in the VAT System of the Zakat, Tax and Customs Authority, and must report their VAT registration number and supply a copy of their VAT certificate to Aramco, in keeping with VAT Law and Implementing Regulations.

All goods and services, invoices and credit notes issued to Aramco by registered suppliers must include such supplier’s VAT registration number, separately identify VAT amounts due, and comply with any other requirements as described in the VAT Law and Implementing Regulations, and the E-invoicing Regulations.