How does ZATCA affect businesses?
If we check the facts, one institution that is backing the goals of Saudi Economic evolution is ZATCA (Zakat, Tax, and Customs Authority). It is dominating in fostering the change…
If we check the facts, one institution that is backing the goals of Saudi Economic evolution is ZATCA (Zakat, Tax, and Customs Authority). It is dominating in fostering the change…
The withholding tax, which is also referred as “tax at source,” is a tax that businesses deduct before paying various types of income, like royalties, interest, dividends to a non-resident…
Paying Employees on time is an integral part of a successful business, as it keeps your teams satisfied and happy employees lead to a happy company. Any errors, delays, or…
For a small business owner, the work is always piled up since they are often multitasking, which is why managing payroll can be overburdening. Payroll management is not merely about…
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…
The Zakat, tax, and Customs Authority (ZATCA) is one of the major pillars behind the KSA’s economic advancement. ZATCA KSA was created from the consolidation of the General Authority of…
The Saudi Financial Landscape has rapidly revolutionized in the last couple of years, with changes in regulations, legal requirements, and latest guidelines. ZATCA is also one of the major initiatives…
In the Present times, where data is the king of the business world, accounting software acts more as a tool than just tools but an asset to guide the executives…
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…
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…