Benefits of VAT RegistrationEnsure your business is well prepared for the Value Added Tax by registering for VAT.Claim a VAT refund.Settle the net difference between output and input taxes.Calculate input taxes (purchases) accurately.Calculate output taxes (sales) accurately. Last Call for VAT Registration Lottie file 20 December 2017 Businesses with annual taxable sales of more than 1,000,000 Lottie file 20 December 2018 Businesses with annual taxable sales from 375,000 to 1,000,000 VAT registration is mandated on businesses with annual taxable supplies exceeding or expected to exceed 375,000, whilst other businesses with annual taxable supplies or taxable expenses amounting to 187,500, but less than 375,000, may opt to voluntarily register as a VAT taxable person. Other businesses with annual taxable supplies less than 187,500 are not eligible for registration. Now companies can view and print their VAT statementthrough “Flexx Business”orBy directly contacting their Relationship Manager at Saudi Investment Bank Image We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Get expert support anytime, anywhere from our dedicated team. /en/customer-care Corporate Offices Explore our corporate head-quarters and regional offices across the Kingdom. /en/business/corporate-offices E-Banking Services Bank smarter and faster with our secure digital platforms. /en/e-banking-services