What is Corporate Tax in KSA?
For any business operating in KSA, dealing with the critical taxation system is one of the core responsibilities. The multi-taxation system is full of rules and regulations to keep the…
Precision, Integrity, Expertise
For any business operating in KSA, dealing with the critical taxation system is one of the core responsibilities. The multi-taxation system is full of rules and regulations to keep the…
The emerging trends in the latest regulations are advancing at an unprecedented speed, revamping the way today’s businesses operate. Whether entrepreneurs or business owners, staying compliant is no longer just…
Value Added Tax is an indirect kind of consumption-based tax that is levied in more than 170 countries. Many countries alternatively call it “goods and services tax” (GST), and the…
Major accounting firms in Saudi Arabia include international firms like SS&CO KSA, Deloitte, PwC, KPMG, EY, and BDO, alongside prominent local firms such as Al-Rajhi Accounting Firm, and numerous others…
In the fast-paced world of today, wasted time is lost profit specifically if we talk about corporate world. Inside a rapidly moving business world, every minute counts. With limitless tasks…
Business process Reengineering is about shifting from being ordinary to transforming into something better and bigger. Instead of just fine tuning, BPR completely reinvents the business ideas from start to…
Cryptocurrencies have radically reshaped the sector of finances by uncovering new possibilities for innovation and expanding access to financial services. But with these breakthroughs come intricate regulatory and security obstacles….
KSA has long been dependent on oil reservoirs but for sustainable growth and better alignment with other competitive countries, KSA introduced various reforms under the Vision 2030 and VAT is…
Saudi Arabia is going through a financial transformation, pushed by the goals of Vision 2030. The Kingdom’s aim is to diversify its economy which has surged the demand for professional…
It can be exciting to start your dream venture, but it’s a high-stake gamble where 90% of startups fail, which shows that your chances of success might not be in…
In Saudi, basic salary is the fixed amount an employee receives before any allowances or deductions, as stipulated in their employment contract. In the Kingdom of Saudi Arabia, it’s not…
As KSA is boldly moving towards its goal of vision 2030, it’s reshaping its economy to be less dependent on oil. The purpose of this evolution is to push regulatory…
Saudi Arabia corporate income tax rate is 20% of the net adjusted profits. Further, Zakat is charged on the company’s Zakat base at 2.5%. Zakat base means the business’s net…
Some of the best accounting firms in Saudi Arabia include SS&Co KSA., Deloitte, PwC, and KPMG. Many people have had good experiences with SS&Co KSA., noting their professional service and…
Saudi Arabia has gone through a prominent economic transformation, motivated by Vision 2030, with a goal to expand its economy beyond oil. This initiative has not just opened the doors…
Oil and gas accounting in Riyadh, Saudi Arabia involves applying specialized accounting principles to manage the financial aspects of oil & gas exploration, and distribution. It’s crucial for accurate reporting,…
Hotels represent a wide range of sectors, from cozy bed and breakfast to large hotel chains. Regardless of their size and scale, hotels never sleep. With round-the-clock services, they also…
Smart financial management starts with solid accounting; it’s the backbone of every successful business. Accounting services manage and track each and every record of financial transactions and operations of a…
Corporate finance advisory services bring forward thoughtful decisions, fresh ideas and deep industry expertise to craft financial solutions that are rewarding for long term success. Their true benefits show when…
Saudi Arabia has emerged as a symbol of economic diversification with the rapid infrastructure development. Among the many projects of this evolution is Roshn Front which is a commercial district…
Diplomatic Quarter is a vibrant and busy location in Riyadh, where embassies and international organizations are emerging rapidly as a global hub for professional services. This area facilitates the international…
The financial foundation of any business lies in its bookkeeping services. Specifically, in the dynamic business landscape like KSA where economic reforms, tax regulations, and technological shifts are rapidly transforming,…
Zakat is one of the most critical pillars of Islamic system and to truly understand it, one must understand the Islamic teachings and values. Zakat is not just a personal…
Al Faisaliah Tower is a prime Commercial and Residential building located in the Olaya district, one of Riyadh’s most prominent business areas. With its distinctive pyramid shape crowned by a…
Diplomatic Quarter is home to embassies, elegant residential compounds, and a wide option for dinning from popular fast-food joints to sophisticated European and Middle Eastern cuisine. Not just that, it…
As Saudi Arabia is digitally revolutionizing in every field, it officially introduced e-invoicing in 2021 with a purpose to evolve how businesses handle their invoices, credit notes, and debit notes….
Vision 2030 is one of the most constructive projects of KSA, that is reshaping the future of the country. It comes with incredible number of opportunities for the country with…
Saudi Arabia has experienced high economic growth since last couple of years with the implementation of vision 2030. Modern day infrastructure plays a pivotal role in the attraction of global…
In the heart of Riyadh lies one of the most iconic landmarks ‘Kingdom Centre Tower’. It’s not just a symbol of advancement and modernity but a business hub of multiple…
A growing number of companies are adopting International Financial Reporting Standards (IFRS) as a basis of accounting or parallel reporting, on a voluntary basis or as a result of regulatory…
Riyadh the Capital of Saudi Arabia is growing its significance over the time, particularly after the Vision 2030 initiative which made it a home to many international investors along with…
Oil and Gas industries are a few of the most revenue generating sectors that are radically transforming the economic landscape of KSA. Being one of the world’s top oil and…
At the heart of Middle Eastern growth, Saudi Arabia’s economy reigns supreme. Many shifts are currently undergoing to completely reshape the country’s business landscape under the vision 2030. Since, the…
In the radically transforming business landscape of Saudi Arabia, the young and ambitious entrepreneurs are seizing the opportunity, driven by an unrelenting hunger for innovation and progress. Saudi Arabia stands…
For businesses established in or looking to enter Saudi Arabia, comprehending corporate income tax complexities is indispensable. KSA being the leading economy in the middle east has systematically maintained the…
Accounting Standards are primarily used for financial reporting, without established accounting framework a country cannot ensure transparency, gain investors trust or ensure compliance. Saudi Arabia being one of the wealthiest…
Tax is the backbone of a country’s economic stability. The landscape of direct and indirect taxes is evolving, mirroring the ever-expanding web of regulations that govern them. This makes it…
Jeddah’s accelerated economic growth presents challenges of its own when dealing with payroll management. Surveys show that almost 60 percent of firms across Jeddah find it difficult to ensure timely…
It is a well-known fact that businesses worldwide lose nearly billions every year due to regulatory compliance violations. In Saudi Arabia, regulatory frameworks are evolving, and businesses, especially accounting firms,…
The outsourced accounting world is transforming a great deal with AI and automation. What took hours of manual work, such as entering data, calculating numbers, and processing documents, can now…
Over the last couple of years, payroll services has gone through notable transformation. Payroll management has efficiently upgraded and evolved and all thanks to the robust technology and tools, with…
Every small business has a story, and its financial records are the chapters that shape its future. Without accurate bookkeeping, you risk missing key details that could mean the difference…
“Running a business where you no longer have to worry about salaries, tax calculations, or compliance with frequently changing labor laws in Saudi Arabia,” sounds like a sigh of relief,…
Starting an enterprise is analogous to embarking on an expedition across unexplored watery depths; it is exciting and full of possibilities yet charges itself with financial storms destructive enough to…
As your business expands, so does the mountain of financial records, invoices, and tax filings. What once felt manageable can quickly become overwhelming, pulling your focus away from growth and…
Imagine that all this “number stuff” gets handled by some other person so that you can focus on working to grow your business bigger and better. Outsourcing accounting for your…
In the ever changing and demanding world of business, it is a mandatory need for the owners to maintain accurate financial record to build a strong financial foundation which is…
It is a fact which cannot be doubted for any business that financial commitments always resemble a maze with crooks, bends, sharp turns and unforeseen barriers. Dealing with such intricacies…
A strong financial backbone of a company is mandatory to build a successful business, and financial stability is not possible without hiring a productive CFO. By getting them on board,…
Concerned about acquiring Financial Advisory? This Blog explains the key areas of focus regarding financial advisory in KSA for Startups. An investment in a business venture in Saudi Arabia is…
One of the imperative services among accounting services in KSA is CFO advisory. If you are a business owner, perhaps, you’d be concerned about your business’s growth, development and stability….
In any firm with even the minimum staff count, payroll plays a crucial role not just in processing employees’ accurate salaries, but also maintaining several operations fulfilling the legislation and…
The food and beverage industry is one industry that has witnessed consistent growth over time. The demand for food and beverage products never slows down. It is a dynamic industry…
The financial market goes through its share of ups and downs. Even in your personal life, you end up facing some obstacles at different junctures which leads you towards suffering…
