What is the service tax in Saudi Arabia?
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…
Precision, Integrity, Expertise
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…
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 could appear like a straightforward assignment, but in reality, it is much more than just computing wages, subtracting taxes, and transferring salaries. It is a procedure that is…
Are you running a business in Saudi Arabia? And are your sales growing fast? Your team is also expanding rapidly? But then comes one unexpected tax obstacle or a fast-approaching…
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…
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…
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 modern day’s rapidly reshaping landscape, where climate risks, ethical responsibility and social impacts highly leaves marks on a business growth and success making ESG no longer just a…
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….
Withholding tax in Saudi Arabia was introduced with an aim to strengthen the country’s tax framework and to assure fair taxation policies for international businesses operating in KSA. To contribute…
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…
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…
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…
Situated in the heart of Riyadh’s Al Olaya district, Kingdom Center Tower is a key hub for business and retail activities. Among some of the major offerings it also offers…
There isn’t a single “number 1” chartered accountant in Riyadh & Saudi Arabia, as rankings among professionals in this field are not typically established. However, several highly reputable firms and…
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,…
While it’s difficult to definitively pinpoint a single “number 1” accounting firm in Riyadh, Saudi Arabia, SSCOKSA (Sidra Salman and Co) or SS&Co. KSA are consistently mentioned as top contenders,…
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…
Zakat being one of the five pillars of Islam holds a significant worth in Islamic societies. For Muslims Zakat is not merely a legal obligation but a tool for promoting…
From cozy, family run inns to global chains, hotels, restaurants and resorts come in all shapes and sizes, but they all have few things in common. They never take a…
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,…
Riyadh is revolutionizing rapidly with bold moves towards economic diversification and innovation, and Roshn Front plays a pivotal role in reshaping the landscape of professional services in Saudi Arabia. This…
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…
VAT is one of the major economic growth pillars, it is consumption-based tax that is applied on each stage of a products journey, from the making to sale. It doesn’t…
The VAT Refund Specialist is responsible for managing, optimizing and the analyzing processes related to the recovery of VAT balances, ensuring compliance with current tax regulations. With the rapid global…
Kingdom of Saudi Arabia adopts a distinctive double taxation system, including income tax and Zakat as a mandatory Islamic tax. For businesses dealing in KSA, Zakat is more than personal…
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…
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…
“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,…
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…
Starting and running a small business in Saudi Arabia is just extremely exciting, but tricky when dealing with money and taxes. You have to keep track of your income, your…
In the course of past couple of years Saudi Arabia has emerged as one of the leading countries swiftly progressing towards innovation and development. With the vision 2030 initiative the…
With the largest economy in the middle East, Saudi Arabia hold a significant wealth that utterly transformed the landscape within the last few decades. Saudi Arabia primarily over depended on…
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…
Payroll management is nerve wracking procedure, that require professional expertise, thorough understanding and compliance with laws. Oftentimes, outsourcing is the best option that many businesses look for to reduce the…
Whether your company is a start-up or a well-established enterprise, after a certain financial limit, managing, analysing and utilizing financial data becomes a pivotal hurdle. This is where CFOs plays…
Payroll management systems date back to long before the discovery of oil in Saudi Arabia, back then ledgers were used with manual labour, however they were prone to human errors…
Payroll management is not merely a process of managing salaries but it’s a complete reporting of employees’ compensations, taxes, bonuses, wages and supervision of accurate financial records of pay distributions…
In this interwoven world, managing Global Payroll system has become increasingly complex with the expansion and growth of businesses based in KSA, all over the world. Best accounting Firms tend…
The mercurial nature of the hospitality industry demands adaptability and effective hospitality accounting services in Saudi Arabia. Such businesses are walking on shifting sands which makes it important for them…
The Kingdom of Saudi Arabia (KSA) is known for its diverse business landscape. People of all races, colors and nation show up in KSA for either business or employment purposes….
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…
