Expert Solution For Your Finance
We offer a range of financial services and solutions to meet the needs of businesses and individuals in Saudi Arabia.
Taxes in Saudi Arabia?
Income Tax & Zakat
Foreign companies pay a 20% corporate income tax on their net adjusted profits at the end of the financial year. The profit adjustments vary depending on the shareholder structure.
Withholding Tax
Tax imposed on payments made by a KSA entity to another entity outside KSA. The amount of the withholding tax varies depending on the service provided. Generally, the withholding tax is between 5% and 20%.
Customs & Excise Tax
In Saudi Arabia, all imported items are subject to customs duties, and some limited goods are also subject to excise duties.
Value Added Tax (VAT)
Businesses are required to pay indirect tax on all items and services they purchase or sell. In KSA, the current VAT rate is 15%. VAT registration is required for companies whose supply value exceeds SAR 375,000.
Let us help you
We Expertise In
1
Financial Consultancy
2
Accounting Services
3
Tax Preparation Services
4
Payroll Processing Services
5
Statutory Compliance Management Services
How will you benefit?
Understanding the overarching trends of your business and overall market saves you time, money and energy in the long run, and can help you dominate your market.
Client insights
Increased efficiency
Process automation
Data-driven innovation
Reduced costs
Market insights
We’ve helped them
We've partnered with many household brand names to deliver insights and solutions to their problems with big data.
Happy clients
Don't just take our word for it – our clients frequently stay in touch with us and work with us on future projects that require financial services.
Contact us
Whether you have a request, a query, or want to work with us, use the form below to get in touch with our team.
Location
Dammam, Saudi Arabia
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