ZATCA

Precision, Integrity, Expertise

ZATCA

What is an accounting firm?

One of the most entangled components of running a business successfully in today’s market is accounting. Without having complete supervision, analysis, and tracking of finances, companies cannot make intelligent decisions,…

What are the different types of payroll services?

Behind every successful business are some operations running smoothly to keep it always on the right track. One of them is payroll services; they are more than just cutting checks,…

Key Aspects of Accrual Accounting in Saudi Arabia

No matter what the size and type of industry is, it needs reliable accounting methods to keep a check on finances, evaluate performance across different times, and compute taxes precisely….

Business Valuation Standards and Regulations in Saudi Arabia

Business valuation Standards are the guidelines that are set to ensure uniformity, exactness, and integrity in business valuations, and Saudi Arabia stands at the convergence of global valuation practice and…

Cash flow management of construction projects in Saudi Arabia

In the construction world, when money doesn’t move, when it’s needed the most, projects pause, operations slow down, and businesses fail. One of the main reasons why 82% of construction…

Do expats pay zakat in Saudi Arabia?

Saudi Arabia is a country with deep Islamic roots, where, along with financial obligations, religious duties also play a pivotal role. One of the religious obligations that impacts the legal…

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…

Monthly and Annual Withholding Tax Submissions: A Practical Checklist

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…

What does a payroll service include?

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…

What’s the best payroll for a small business?

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…

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…

What is ZATCA in Saudi Arabia?

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…

What is the difference between Gazt and ZATCA?

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…

Types of Accounting Software

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…

What is the e-invoicing process?

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…

What are the payroll rules in Saudi Arabia?

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…

ZATCA E-Invoicing Guidelines

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…