• Zakat and Tax

Each individual and corporate tax payer aims to pay no more than the law requires. However, it is very important to comply with legislation and not to incur penalties and investigations by the General Authority of Zakat and Income Tax ("GAZT") in the Kingdom of Saudi Arabia.

We have a dedicated team of tax professionals who can provide you with prompt constructive and clear tax planning advice. Our tax and zakat professionals can assist you in complying with tax and zakat regulations, completing the necessary returns and agreeing them with the GAZT. We can handle any tax and zakat dispute and act on behalf of our clients with the GAZT.

As tax and zakat consultants, our services include the following:

  • Assisting clients in understanding the fiscal implications and requirements in respect of its current or future operations in Kingdom of Saudi Arabia;

 

  • Assisting clients in the preparation of its annual Zakat and income tax filing package and submitting it on their behalf to the GAZT; Representing clients on Zakat and taxation matters before Appeal Committees and the Board of Grievance.

 

Currently there is no VAT in Saudi Arabia; however, it is expected to be introduced in 2018. The tax authority has not issued any regulations or guidelines yet, but we are already preparing for this change, and have access to knowledge gained over similar taxes through our global network.