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Frequently Asked Questions on VAT

Last updated on 06 April, 2018


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Prerequisites for Understanding Real Estate in the KSA

Types of Real Estate

Residential:

  • Homes (flats or apartments)
  • Primary residence of people
  • Student accommodation

Commercial:

  • Property for business purposes
  • Property for non-residential purposes

Taxable/ VAT Registered Person
Someone who carries out economic activity in the KSA

Resident
Someone who has a place of residence in the KSA for VAT purposes

Non-Resident
Someone who has no place of residence in the KSA

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