** Appointment of Preferred Bidder for the Rabigh 3 IWP Project Announced **

 

Value Added Tax

 

In June 2016, the GCC countries agreed to impose VAT across the GCC region. In February 2017 (Jumada Al-Awwal 1438), Saudi Arabia ratified the GCC VAT framework and committed to impose VAT with effect from January 1, 2018 (Rabi Al-Thani 14, 1439). VAT will be introduced at a standard rate of 5%.

And for more detailed information about VAT, please refer to the 

VAT Manual 

 

Water and Electricity Company is fully committed to the VAT and we are confident that our trading partners will register with the VAT if the entity is eligible to register with the VAT.

You can find more information on the requirements and processes of self-registration by clicking on the link

https://vat.gov.sa/en/vat-e-services/vat-registration

 

When VAT is applied, all suppliers must include their (TIN) and ensure that there is no missing or inaccurate information on their VAT invoice.

 

Water and Electricity Company VAT certificate and Registration number (TIN):

Registration number (TIN): (300046562800003)

Click here to download VAT certificate: PDF

Quick Reference: VAT invoice requirements: PDF