(In Arabic: نظام الشركات السعودي) A Saudi law specialized in companies and the rules that establish them and regulate their responsibilities, rights and duties. It regulates how companies, investors, shareholders, managers, employees, creditors and other stakeholders such as consumers, society and the environment interact with each other. It can be accessed from this link.
(In Arabic: فاتورة ضريبية مبسطة) An invoice that can be issued for Taxable Supplies in certain situations. It is a form of Tax Invoice that requires less amount of information in comparison to a Standard Tax Invoice.
(In Arabic: سعر معياري) The price according to the standard price list as established by the Tax Authorities of GCC countries. The standard price is also known as the minimum price or minimum value.
(In Arabic: توريد) Any form of supply of Goods or Services for consideration in accordance with the cases provided for in Chapter Two of the Unified VAT Agreement.