Arab News, Mon, Sep 09, 2024 | Rabi al-Awwal 6, 1446
Saudi Arabia scraps export customs fees, cuts import charges
Saudi Arabia:
Saudi Arabia will eliminate fees for all customs
services related to exports and cut import service fees to 0.15 percent of the
goods’ value starting Oct. 6, according to an official release.
The Zakat, Tax, and Customs Authority announced
these changes to simplify trade processes and support business activities. The
new fee structure introduces an SR15 ($4) charge for customs declaration
processing on individual shipments from online stores valued up to SR1,000.
Previously, import fees included SR100 for X-ray
inspections per container, SR100 for information exchange services, and SR20 for
customs declaration processing. Under the revised system, the maximum import fee
will be capped at SR500, with a minimum fee of SR15.
The adjustments are designed to reduce financial
burdens on exporters, particularly small and medium-sized enterprises, and to
enhance competitiveness. The updated fee structure will standardize costs across
land, sea, and air transport, leading to more efficient trade facilitation and
economic benefits.
ZATCA has detailed the expected impacts of its new
customs fee waiver for Saudi businesses, noting that the changes will enhance
the competitiveness and efficiency of the country’s export sectors. The
adjustments are designed to reduce import costs and simplify trade procedures,
aiming to support the growth of e-commerce.
The introduction of an SR15 flat rate for
shipments purchased through online stores underscores ZATCA's commitment to
advancing e-commerce and digital trade. This measure is expected to benefit
Saudi Arabia’s growing e-commerce sector by lowering cross-border online
shopping costs and increasing accessibility to global goods for Saudi consumers.
Recently, ZATCA has announced a series of new
initiatives intended to improve trade operations and support the Kingdom’s
economic growth, aligning with the nation’s Vision 2030. These initiatives
include the Saudi Authorized Economic Operator Program, which aims to streamline
customs clearance for trusted businesses. This program provides faster
processing, fewer inspections, and priority handling at customs ports for
businesses that consistently adhere to regulations.
The Authorized Economic Operator Program is
anticipated to simplify international trade for these trusted operators and
enhance overall efficiency.
In a major step toward digital transformation,
ZATCA has also launched the National Single Window for Trade, known as FASAH.
This platform consolidates all trade-related operations into a single digital
interface, enabling businesses to manage import and export procedures
electronically. FASAH simplifies document submission, approval processes, and
shipment tracking, thereby reducing delays and improving transparency in trade
operations.
Additionally, ZATCA has rolled out advanced
e-tracking systems for shipments entering Saudi customs. This new system offers
real-time tracking of goods, helping to minimize delays, reduce fraud risk, and
boost logistics efficiency. The implementation of these e-tracking systems
represents a significant advancement in Saudi Arabia’s supply chain management.
To encourage greater participation from SMEs 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 relaxed the 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, thereby facilitating smoother and more cost-effective project
execution.
ZATCA invites customers and taxpayers to reach out
with any inquiries through its unified 24/7 call center at (19993), its X
account @Zatca_Care, email at info@zatca.gov.sa, or via instant chat on the
authority's website at zatca.gov.sa.