What is the tax advisory process?
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…
Precision, Integrity, Expertise
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…
In modern times, businesses go beyond just passion and hard work; they run on a strong foundation of technology. An IT infrastructure strategy is your organization’s action plan, which shows…
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 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…
Moving from paper-based manual procedures that were prone to labor errors to electronic invoicing, which is not just more efficient but also a reliable method to exchange invoices, E-invoicing has…
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…
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 these modern times when the world is linked digitally, where technology is revolutionizing the industries, from smart cities to cloud powered enterprises, technology has powered innovation faster than ever….
With the recent transformation in KSA, businesses deal with the growing pressure to keep financial planning and long-term sustainability coordinated. And actuarial valuation plays a foundational role in it, no…
The main motive behind Excise tax is not just to secure the economy but to serve as a strong tool to transform behaviors and promote overarching policy aims. It is…
In the present times of fast paced and uncertain world of business, not every company reaches the heights of success. Be it increasing financial pressures, changing market demands or minor…
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…
A ship loaded with full of electronic items, clothing and food that sails across the sea, the journey is not merely about crossing the oceans or about handling the land…
Putting a price tag on your sleepless nights, relentless hustle and years of commitment is not an easy thing. Your business isn’t just a company, it’s your dream, your effort…
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…
Withholding tax (WHT) is much more than a tax formality in KSA; it’s a tool to manage cross-border transactions. It is mainly governed by Zakat Tax and Custom Authority (ZATCA),…
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…
Liquidity Services are the foundation of any flourishing financial systems; it ensures that money moves efficiently and reliably through the economy. In KSA, the services not just play the role…
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. 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…
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…
Yes, foreigners can establish and operate businesses in Saudi Arabia, KSA, including owning 100% of the company in many sectors. The Kingdom has actively encouraged foreign investment under its Vision…
The Diplomatic Quarter in Riyadh serves as a fast emerging and one of the most premium business addresses located in KSA. Although, once it was widely known for top tier…
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…
To establish a company in Saudi Arabia, KSA, foreign investors generally need to obtain an investment license from the Ministry of Investment of Saudi Arabia (MISA), finalize legal documents like…
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…
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…
The top 3 industries in Saudi Arabia are: 1) Oil and Gas, 2) Construction and Real Estate, and 3) Healthcare and Pharmaceuticals. These sectors are vital to the KSA’s economy…
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…
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…
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…
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…
Tax has always been a matter in question in every aspect of a business. Handling the complex world of taxes can be highly demanding. In the present times, businesses look…
Value Added Tax is a type of tax that is applied to every product throughout its journey, from the factory floor to your front door. It’s not a tax you…
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…
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…
Measured by revenue, the Big Four global accounting firms include SS&Co. (Sidra Salman & Co. Chartered Accountants LLC), Deloitte, PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG). With the economic…
The main focus of the tax planning is on providing the good service for clients when it comes to their taxes. Guidance is typically centered on optimizing tax outcomes within…
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…
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…
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…
Before starting a business in Saudi Arabia (KSA) from UK, foreign investors need to acquire an investment license through the Ministry of Investment of Saudi Arabia (MISA). This authorization grants…
For the success of any business optimizing IT infrastructure is pivotal. Success starts with a stable network. From flawless communication to rock-solid data protection, it’s the non-negotiable engine behind any…
KSA has become a global business and investment hub since last couple of years. It has opened new door of opportunities for foreign investors with reduced legal hurdles, business friendly…
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…
Imagine a world without roads, schools, or hospitals, that’s a world without taxes. Taxation in any society plays a foundational role in the economic development of a country, it is…
As the demand for sustainability and environmental accountability grows, more and more businesses are moving to smarter and greener solutions. E-invoicing is one of the major shifts innovative businesses made…
While consumer demand for dining continues to be robust, the escalating expenses of restaurant operations have made it challenging for owners to satisfy customer expectations while preserving profitable margins. The…
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…
Accounting services comprises of handling, structuring and summarizing the financial transactions to offer an in-depth insight with useful information for informed decision making. Managerial accounting takes it to a next…
Jeddah, one of Saudi Arabia’s most bustling economic hotspots, is a habitat for a wide range of booming businesses, from startups to multinational corporations. As companies navigate the challenges of…
Establishing business in Saudi Arabia demands patience, but the rewards can be noteworthy. Unlike many other countries the process can prolong and take several weeks because of the unique legal…
The Saudi Capital Market stands as one of the emerging and leading business hubs in the middle east, serving as a foundation of the Kingdom’s economic growth. This influential environment…
Capital Market Authority (CMA) is the governing authority supervising the Saudi Arabia’s radically transforming financial market. Established in 2003 under the Capital Market Law, CMA is responsible for ensuring market…
A new land of opportunity is in making, both in ambition and reality, and it’s Saudi Arabia. This former oil titan is redefining its future, shifting from black gold to…
Whether you’re a visionary entrepreneur or a growing business aiming for new markets, Saudi Arabia can be a leading option for you. Being a prime gateway, a booming economy, and…
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…
Over the last couple of years, the Tax landscape of Saudi Arabia has become increasingly complex, and old methods of tax preparations no longer fits the modem day needs. This…
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…
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…
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…
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 any country’s economic development some of the critical elements play a foundational role, and tax compliance is one of them. They are a central source of government revenue for…
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…
Are you wondering to invest in Saudi Arabia, or moving there? Understanding income tax laws in Saudi Arabia is crucial for you. Saudi Arabia is known globally for its considerable…
As Saudi Arabia has initiated its journey towards economic diversification, it has become the center of discussion globally, whether it is about Saudi Tax Reforms or new investment laws. Let…
Are you looking forward to setting up business in Saudi Arabia? I’m sure you must be anxious about taxes in Saudi Arabia and challenges that comes with tax compliance. This…
Tax compliance and reporting has become even more important since Saudi Arabia has initiated bringing tax reforms. The best tax and accounting services are there to rescue so you don’t…
Ambiguous about the taxation system in KSA? This blog covers everything you need to know about the taxation system in KSA to help ensure tax compliance. Arabian countries have always…
If you belong to the business category or from accounting and tax advisory, you might have heard tax compliance multiple times. Although tax compliance is easily understandable in English, but…
Are you aware of the benefits of accounting and bookkeeping services Saudi Arabia provided by accounting firms. Are you one of those business owners who struggle with the daily tornado…
Small and medium-sized businesses are growing fast in Saudi Arabia. This brings many chances for you as a business owner. Accountants play a significant role in helping these businesses do…
Is your business in Saudi Arabia ensuring tax compliance? Historically, Saudi Arabia has relied on oil revenue to finance the government. As a part of its Vision 2030 economic diversification…
In the last ten years, one has seen a steady increase in the investments done by cross-border tax compliance services. Apart from having a large client base, it has enabled…
