Corporate Tax & Zakat in Saudi Arabia Explained | Trusted Advisors for Foreign Investors
Discover everything about corporate tax in Saudi Arabia for foreign investors tax. BMS Auditing offers expert consulting on tax planning, filing, and compliance to ensure your business stays competitive.
The corporate tax rate is 20%, in line with the commitment made by the country to attract more foreign investment without compromising on the competitiveness of its businesses. Saudi Arabia’s corporate tax rate has varied through the years. From 1999 to 2016, it averaged 24.72%. It was 45% in 1999, but after that, it declined to 20% in 2006. The tax is imposed on foreign investors as well as mixed-ownership companies. Local investors, however, have to pay Zakat.
Learn more on our website : https://www.bmsauditing.co...
Discover everything about corporate tax in Saudi Arabia for foreign investors tax. BMS Auditing offers expert consulting on tax planning, filing, and compliance to ensure your business stays competitive.
The corporate tax rate is 20%, in line with the commitment made by the country to attract more foreign investment without compromising on the competitiveness of its businesses. Saudi Arabia’s corporate tax rate has varied through the years. From 1999 to 2016, it averaged 24.72%. It was 45% in 1999, but after that, it declined to 20% in 2006. The tax is imposed on foreign investors as well as mixed-ownership companies. Local investors, however, have to pay Zakat.
Learn more on our website : https://www.bmsauditing.co...
Corporate Tax in Saudi Arabia | BMS Auditing - Tax Guidance for Foreign Investors
Discover everything about corporate tax in Saudi Arabia for foreign investors. BMS Auditing offers expert consulting on tax planning, filing, and compliance to ensure your business stays competitive.
https://www.bmsauditing.com/sa/en/services/saudi-arabia-corporate-tax-guide
07:18 AM - Jul 25, 2025 (UTC)
