Saudi Arabia

No new expat fees and taxes, confirms Saudi minister

Web Report/Riyadh
Filed on December 12, 2019
saudi arabia, expats, gulf, fees, taxes, VAT

(AFP file)

He was responding to rumours in the country.

Saudi Arabia's Minister of Finance Mohammed Al-Jadaan assured that the government has no intention to change expatriates fees.

In an interview with Al Arabiya quoted in Saudi Gazette, Al-Jadaan said Saudi Arabia has made resounding achievements in 2019. He further added that the Kingdom aimed to enable the private sector - a key partner to achieving the Kingdom's Vision 2030.

Expressing the hope to see more growth in 2020, Al-Jadaan said the government would work on ensuring more financing opportunities for small and medium enterprises.

While regarding taxes, he confirmed the government will not impose new taxes or fees before conducting an extensive study about its financial and socioeconomic impact.

ERROR: Macro /ads/dfp-ad-article-new is missing!
MORE FROM Khaleej Times
CurrentRequestUnmodified: /region/saudi-arabia/more-expat-fees-and-taxes-minister-clarifies macro_action: article, macro_profile: , macro_adspot:
KT App Download
khaleejtimes app

All new KT app
is available
for download:

khaleejtimes - android khaleejtimes - ios khaleejtimes - HUAWEI AppGallery