Zakat

Precision, Integrity, Expertise

Zakat

Who are the top 4 accountants?

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…

What is the difference between tax planning and tax advisory?

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…

How to submit VAT return in KSA?

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…

What is a VAT Specialist?

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…

Accounting Firms Near Kingdom Centre Tower You Can Trust

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…

What is IFRS implementation?

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…

Taxation in Saudi Arabia

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…

What is Zakat in Saudi Arabia?

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…

The Benefits of Outsourcing Small Business Accounting Services

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…

Accounting and Taxation Services for Small Businesses: What to Consider?

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…

Streamlining Payroll Processes: Accounting Solutions for Employers

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…

What is the taxation system in Saudi Arabia – KSA?

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…

Zakat Compliance Made Simple with Expert Accounting Firms in Saudi Arabia

The Kingdom of Saudi Arabia is known for its complex Tax landscape. Various tax reforms have been brought up by the KSA government to reduce its reliance on oil generated…