- 28 Dec
VAT in Saudi Arabia
The implementation of VAT in Saudi Arabia commences from Jan. 1, 2018.
The Unified VAT Agreement for the Cooperation Council for the Unified Arab States of the Gulf (the “Agreement”) was approved by KSA by a Royal Decree No. M/51, dated 3/5/1438 H. The Saudi Arabian National VAT Law issued by a Royal Decree No. M113 dated 2/11/1438 H and its corresponding Implementing Regulations were subsequently issued by the Board of Directors of the General Authority of Zakat and Tax (“GAZT”) by Resolution No.3839 dated on 14/12/1438 H.
- 27 Sep
Small-Scale Solar PV Systems Regulations
The Electricity and Cogeneration Regulatory Authority (ECRA) in Saudi Arabia has issued a regulatory framework regarding self-consumption of electricity consumers and export of surplus energy to the national grid using small-scale solar photovoltaic systems.
- 13 Sep
What are the Components of a Photovoltaic System?
A Photovoltaic (PV) System is a power system designed to supply usable solar power by means of photovoltaics – consisting of several components such as DC-AC power inverter, battery bank, system and battery controller, and auxiliary energy sources.