Category: Saudi Arabia – Tax

The Real Estate Transaction Tax (RETT) framework in Saudi Arabia has undergone significant legal updates, with the latest implementation timeline taking effect in October 2024. This guide outlines the timeline of RETT law changes, the effective date, and the implications...

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The Real Estate Transaction Tax (RETT) is a critical compliance requirement in Saudi Arabia, levied at a standard rate of 5% on qualifying real estate disposals. This guide provides corporate taxpayers with detailed insights into RETT filing deadlines, payment procedures,...

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Excise tax compliance in Saudi Arabia is a critical obligation for companies dealing in tobacco products, soft drinks, energy drinks, and other taxable goods. This guide provides step-by-step instructions for reporting excise tax liabilities through the Zakat, Tax and Customs...

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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,...

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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,...

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Many businesses in Saudi Arabia incur significant expenses before formally registering for VAT with ZATCA (Zakat, Tax and Customs Authority). The good news is that input VAT on certain pre-registration expenses can be recovered — but only if you follow...

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For corporate taxpayers in Saudi Arabia, ensuring accurate reconciliation of sales and purchase records before submitting a VAT return is critical to compliance with ZATCA (Zakat, Tax and Customs Authority) requirements. A well-structured reconciliation process helps prevent errors, avoid penalties,...

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For corporate taxpayers in Saudi Arabia, data consistency between GOSI payroll records and ZATCA filings is now a frontline compliance issue. Mismatches across salary, headcount, and contribution data can trigger desk reviews, audits, and penalties. This guide explains what ZATCA...

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In Saudi Arabia, aligning your General Organization for Social Insurance (GOSI) payroll data with your filed corporate tax and Zakat returns is not just good practice—it’s essential for avoiding compliance issues with the Zakat, Tax and Customs Authority (ZATCA). Inaccuracies...

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The Real Estate Transaction Tax (RETT) is a key fiscal measure in Saudi Arabia, applying a 5% tax rate on the value of real estate disposals. Understanding the scope, exemptions, and compliance requirements for RETT is crucial for corporate taxpayers...

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