Corporate tax in Saudi Arabia plays a crucial role in supporting the nation’s economic development by providing revenue for public services and infrastructure. It contributes to the overall fiscal stability, ensuring the government can invest in critical sectors and promote sustainable growth for the benefit of the entire society.
Non-Saudi investors are obligated to fulfill corporate income tax obligations in Saudi Arabia, while Saudi citizen investors and individuals from GCC countries (treated as Saudi citizens for tax purposes) are subject to Zakat and Islamic assessments by ZATCA. In the case of a business with Saudi and non-Saudi investors, the corporate tax applies only to the income portion associated with non-Saudi investors. Additionally, ZATCA considers Saudi owners’ income when determining Zakat assessments.
Step 1: Access the ZATCA Portal.
Step 2: Navigate to relevant services.
Step 3: Complete the Registration Form.
Step 4: Await Notification from ZATCA.
Step 5: Receive VAT Certificate
Supplies eligible for a 0% VAT rate in the Kingdom of Saudi Arabia (KSA) are those for which the supplier is VAT registered. The following categories qualify for this rate:
A 15% value-added tax applies to all goods and services except exempt supplies and those classified as zero-rated supplies.
Helpline Group is your reliable business consultant in Saudi Arabia, offering expert guidance for obtaining Zakat and VAT certificates. With a history of 25 years, we take pride in achieving customer satisfaction among our clients. Boasting a global presence, we operate through 10 international branches and employ over 300 industry experts.