The car must be classified as a “qualified used car” by the Authority.
The used car must be registered in the Kingdom.
The taxpayer must be licensed to practice car trading activity according to a commercial register or similar license.
The Authority's approval is required before the person licensed to engage in car trading can apply the profit margin on used vehicles.
Input tax must have been paid by taxpayers in accordance with the law on the sum paid for the eligible used car purchase.
Adhering to the terms specified in the tax invoice, maintaining official records, and the guidelines set forth in Articles 48 and 53 of the VAT Law's Implementing Regulations.