Education allowances and school-fee reimbursements are common in Saudi Arabia—especially for relocating talent. But not every payment qualifies as a deductible expense for Corporate Income Tax (CIT) or as an allowable charge in mixed CIT/Zakat entities. This guide explains the...
Category: Saudi Arabia – Tax
In Saudi Arabia, corporate taxpayers must comply with the Ultimate Beneficial Ownership (UBO) disclosure rules introduced to enhance transparency, combat money laundering, and ensure alignment with international standards. These rules apply to all legal entities operating in the Kingdom, including...
Regional investment tax concessions are a critical tool in Saudi Arabia’s economic diversification strategy. For corporate taxpayers, these incentives can significantly lower the effective tax rate (ETR), making projects in targeted regions more financially attractive. This article explains the mechanics,...
Saudi Arabia offers targeted regional investment incentives that can materially reduce the effective tax rate for approved projects established in Ha’il, Jazan, Najran, Al-Baha, Al-Jouf, and the Northern Borders region. This playbook explains eligibility, incentive mechanics, approval steps, compliance guardrails,...