Saudi Arabia – Tax

RETT Law Timeline and Effective Date: Implementation in October 2024

The Real Estate Transaction Tax (RETT) framework in Saudi Arabia has undergone significant legal updates, with the latest implementation timeline…

2 days ago

RETT Filing Deadlines and Payment Procedures: A Complete Guide for Corporate Taxpayers in Saudi Arabia

The Real Estate Transaction Tax (RETT) is a critical compliance requirement in Saudi Arabia, levied at a standard rate of…

2 days ago

Reporting Excise Tax Liabilities Through ZATCA’s Portal: A Complete Guide for Saudi Corporate Taxpayers

Excise tax compliance in Saudi Arabia is a critical obligation for companies dealing in tobacco products, soft drinks, energy drinks,…

2 days ago

Regional Investment Tax Concessions in Saudi Arabia: Impact on Effective Tax Rates

Regional investment tax concessions are a critical tool in Saudi Arabia’s economic diversification strategy. For corporate taxpayers, these incentives can…

2 days ago

Reduced Tax Rates for Projects in Ha’il, Jazan, Najran, Al-Baha, Al-Jouf & the Northern Borders Region (Saudi Arabia)

Saudi Arabia offers targeted regional investment incentives that can materially reduce the effective tax rate for approved projects established in…

2 days ago

Recovering Input VAT on Pre-Registration Expenses: A Guide for Corporate Taxpayers in Saudi Arabia

Many businesses in Saudi Arabia incur significant expenses before formally registering for VAT with ZATCA (Zakat, Tax and Customs Authority).…

2 days ago

Reconciling Sales and Purchases Before Filing a VAT Return: Best Practices for Saudi Corporate Taxpayers

For corporate taxpayers in Saudi Arabia, ensuring accurate reconciliation of sales and purchase records before submitting a VAT return is…

2 days ago

Reconciling GOSI Payroll Records with Tax Filings: ZATCA’s Focus (Saudi Arabia)

For corporate taxpayers in Saudi Arabia, data consistency between GOSI payroll records and ZATCA filings is now a frontline compliance…

2 days ago

Reconciling GOSI Payroll Data with Your Filed Tax Returns in Saudi Arabia

In Saudi Arabia, aligning your General Organization for Social Insurance (GOSI) payroll data with your filed corporate tax and Zakat…

2 days ago

Real Estate Transaction Tax (RETT) in Saudi Arabia: Scope and 5% Rate on Disposals

The Real Estate Transaction Tax (RETT) is a key fiscal measure in Saudi Arabia, applying a 5% tax rate on…

2 days ago

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