33 results found

Staying ahead of tax audits is crucial for any business seeking compliance and peace of mind. This article uncovers the most common audit triggers, from discrepancies in reported income to cash based businesses ...

Some businesses in the Kingdom of Saudi Arabia (KSA) may have been structured to circumvent the Kingdom's foreign ownership restrictions in order to benefit from the ...

It appears that the new framework for Saudi Arabia's Regional Headquarters (RHQ) is strategically positioned to serve as a potential tax haven.

The Kingdom of Saudi Arabia is one of the largest economies in the Middle East and a market which has attracted more and more activity in the past six years.

ZATCA has relaunched the Tax Penalties Exemption Initiative, effective January 1 to June 30, 2026, offering taxpayers a renewed opportunity to regularize their tax positions.

On 29 December 2024, the Zakat, Tax, and Customs Authority (ZATCA) announced the extension of the "Cancellation of Fines and Exemption of Financial Penalties" initiative, until 30 June 2025.

In the context of Saudi Arabia's economic and structural reforms, as well as the country's goal of increased diversification economically, socially and culturally in line...

In February 2021, the government of the Kingdom of Saudi Arabia (the "KSA") announced that by 2024 it would cease doing business with international companies whose regional headquarters...

As Saudi Arabia continues to align its economic framework with Vision 2030, significant proposed changes to the Income Tax Law (ITL) and related regulations have been introduced for public consultation.

In January 2025, the Zakat, Tax, and Customs Authority (ZATCA) released a tax bulletin providing explanation and guidance on the application of withholding tax (WHT) under double tax avoidance agreements (DTAAs).

The Ministry of Labor and Social Development (MOL) is discussing a potential new employment system for Saudi employees named "Flexible Work" (Flexible Work).

On 16 February 2024, the Zakat, Tax, and Customs Authority (ZATCA) released the new Regional Headquarters rules (RHQ). These rules apply in addition to the Zakat/Tax Law provisions and the Ministry...

Doing business in KSA? Sending employees to KSA? Not without a licence!

Businesses operating in Saudi Arabia may need to manage several tax obligations, including Corporate Income Tax, Zakat, VAT and Withholding Tax. Which obligations apply depends on factors such as ownership structure, the nature of the business and the transactions it undertakes, making accurate accounting and ongoing ZATCA compliance essential.

The "Guideline for Regional Headquarters in KSA," released by the Zakat, Tax and Customs Authority (ZATCA), is an essential resource for multinational corporations...

On 14 April 2024, the Zakat, Tax, and Customs Authority (ZATCA) released comprehensive guidelines for regional headquarters in Saudi Arabia.

The Zakat, Tax and Customs Authority (ZATCA) oversees the way Saudi Arabia's tax policy and Islamic laws touch and form an organized decision-making system.