What is the WHT Rate in Saudi Arabia?
In modern times, when the economy is interconnected across the globe, cross-border transactions have become more common than ever. In the progressing countries like KSA, which deal day to day…
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In modern times, when the economy is interconnected across the globe, cross-border transactions have become more common than ever. In the progressing countries like KSA, which deal day to day…
E-Invoicing today has become a mandatory part of many advanced countries’ legal systems. KSA has also implemented E-invoicing practices in December 2020 and is still evolving it in line with…
In any progressing country the foundation of a strong economy is built on taxation, it facilitates the government in gathering funds for social programs, healthcare, infrastructure and education. If we…
The role of a Chartered Accountant might not seem very critical for a business, but they actually operate as internationally trusted financial strategists who are often the real heroes behind…
Tax burdens often overwhelm not just the internal teams but the leaders as well. With the constant stress of fulfilling compliance, meeting deadlines, filing, and computation of tax challenges, it…
In every service transaction, there are always some reserved charges that are added to your bill to contribute to the nation’s economic goals. This is usually taken in the form…
The days are gone when bulky files and never-ending piles of paper invoices were used, with every reference number double checked for safety, and each payment was scanned carefully, yet…
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…
Managing everything in-house has become a long-standing ritual now, from payroll to accounting; today, every task demands time, skills, and resources, which are oftentimes hard to manage internally. Therefore, outsourcing…
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…
Payroll management is one of the foundational pillars of a successful company; paying the wages on time with the right calculation isn’t just a duty but a promise that keeps…
Tax Compliance, as the name suggests, is completely about adhering to the tax legislation set by the legal entities of any country. For businesses, tax compliance is more detailed than…
Having a business with no clue about where your money is vanishing and how much money is coming in is like running a directionless business. It not just leads to…
In Saudi Arabia, a GRO (Government Relations Officer) is a professional who acts as a liaison between a company and government entities, ensuring smooth compliance with local laws and regulations….
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 today’s connected global economy, financial transparency is the latest currency. As businesses operate cross borders, which makes the market more unified and the demand for reliable financial reporting has…
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…
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…
Because there is no Saudi Arabian tax on personal income, expats generally do not need to file tax returns. Previously recognized for its tax-free environment, KSA now has evolved and…
Because there is no Saudi Arabian tax on personal income, expats generally do not need to file tax returns. KSA has revolutionized into a magnet for global talent, investors and…
