The Advance Pricing Agreement (APA) mechanism, as adopted under Saudi Arabia’s Transfer Pricing Bylaws, provides corporate taxpayers with a proactive way to determine acceptable transfer pricing methodologies with the Zakat, Tax and Customs Authority (ZATCA) in advance. This guide explains...
Category: Saudi Arabia – Tax
Understanding allowable business expense deductions under Saudi Arabia’s corporate tax law is essential for corporate taxpayers aiming to reduce taxable income and optimize financial performance. This comprehensive guide covers deductible expenses, compliance requirements, and practical tips for maximizing legitimate tax...
Saudi Arabia’s Regional Headquarters (RHQ) Program offers unprecedented 0% corporate income tax on qualifying RHQ income and 0% withholding tax (WHT) on eligible payments. Designed for multinational corporations, this incentive supports Vision 2030’s goal of attracting foreign investment, creating jobs,...