ZATCA Cuts Customs Fees, Streamlines Trade Starting Oct. 6

Saudi Arabia is set to waive all customs service fees for exports and reduce fees for imports starting October 6, 2024. The Saudi Zakat, Tax, and Customs Authority (ZATCA) announced these changes as part of an effort to streamline trade processes and support business activities across the Kingdom.

The new fee structure for imports will include a charge of 0.15 percent of the value of incoming goods, with a minimum fee of SR15 and a maximum of SR500. For individual shipments from online stores valued at less than SR1,000, customs declaration processing fees will be capped at SR15.

Impact on Exports and SMEs

The decision to waive export customs fees covers a range of services, including customs declarations, X-ray inspections, and sample analysis. ZATCA emphasized that this move aims to boost the competitiveness of Saudi exports, particularly for small and medium-sized enterprises (SMEs). By reducing financial burdens, the authority seeks to enhance the efficiency and global standing of Saudi exports.

Supporting E-Commerce and Trade Efficiency

In addition to the changes in export fees, the new import fee structure is designed to reduce costs and simplify trade procedures. The updated fees will standardize costs across land, sea, and air transport, contributing to more efficient trade facilitation.

The introduction of a flat SR15 fee for online store shipments highlights ZATCA’s commitment to advancing e-commerce and digital trade in Saudi Arabia. This measure will lower cross-border shopping costs and increase accessibility to global goods for Saudi consumers, benefiting the Kingdom’s growing e-commerce sector.

Strategic Initiatives for Economic Growth

ZATCA’s recent initiatives align with Saudi Arabia’s Vision 2030, positioning the Kingdom as a global logistics hub. The Saudi Authorized Economic Operator Program is one such initiative, designed to streamline customs clearance for trusted businesses. This program offers faster processing, fewer inspections, and priority handling at customs ports for compliant companies, simplifying international trade and enhancing efficiency.

Furthermore, ZATCA has launched the National Single Window for Trade, known as FASAH. This digital platform consolidates all trade-related operations into a single interface, allowing businesses to manage import and export procedures electronically. FASAH aims to reduce delays and improve transparency in trade operations by simplifying document submission, approval processes, and shipment tracking.

Advanced E-Tracking Systems and SME Support

ZATCA has also rolled out advanced e-tracking systems for shipments entering Saudi customs. This system provides real-time tracking of goods, minimizing delays, reducing fraud risks, and boosting logistics efficiency. The implementation of these systems marks a significant advancement in Saudi Arabia’s supply chain management.

To encourage SME participation in international trade, ZATCA has introduced supportive measures such as customs duty deferrals and simplified clearance procedures. These initiatives aim to ease financial and administrative burdens on SMEs, fostering their growth and engagement in global markets.

In June 2024, ZATCA further facilitated trade by relaxing temporary admission regulations for heavy machinery and equipment. This policy change benefits international contractors working on major infrastructure projects by reducing customs duties on temporary imports and eliminating the need for frequent renewals.

Enhancing Customer Support

ZATCA invites customers and taxpayers to inquire through its 24/7 call center, X account @Zatca_Care, email, or website chat.

The authority remains committed to enhancing customs services, supporting Saudi Arabia’s transformation into a global logistics hub under Vision 2030.

Short link :

Post Views: 1