How do I store VAT records?
VAT records must be stored inside the KSA. The documents can be:
- Physical documents stored inside the KSA.
- Electronic documents where the physical server is located:
- inside the KSA or;
- outside the KSA with a terminal inside the KSA through which data can be accessed.
For non-resident taxpayers, the designated tax representative is responsible for maintaining the records according to the above principles.
Multinational companies that maintain records outside the KSA must have a terminal inside the KSA where their KSA-related VAT records are accessible.