ZATCA Announces Criteria for Phase 2 Integration Wave 16 Under FATOORA Mandate
The Zakat, Tax and Customs Authority has unveiled the revenue threshold for the 16th wave of Phase 2 electronic invoicing…
Read More →Saudi Arabia Tax & Regulatory Profile
| Tax Head / Feature | Statutory Rate | Key Provisions & Rules |
|---|---|---|
| Corporate Income Tax (CIT) | 20% | Applies to non-Saudi/non-GCC share of taxable profits. |
| Value Added Tax (VAT) | 15% | Standard rate across goods and services since July 2020. |
| Withholding Tax (WHT) | 5% – 20% | Dividends (5%), Royalties (15%), Management fees (20%). |
| Zakat Contribution | 2.5% | Levied on Saudi / GCC capital and financing base. |
| Real Estate / Property Duty | 5% | Real Estate Transaction Tax replaces VAT on property sales. |
| Transfer Pricing Framework | OECD Aligned | OECD-aligned Master file, Local file & Disclosure form. |
| E-Invoicing Mandate | Mandatory | FATOORA Phase 1 (Generation) & Phase 2 (Integration) Active. |
| Currency & Fiscal Year | SAR (Saudi Riyal) | Calendar Year (or custom financial year approved by ZATCA). |
Latest Tax News in Saudi Arabia
View All Country News →In-Depth Tax Guides — Saudi Arabia
View All Country Guides →Master Guide to Corporate Income Tax in the Kingdom of Saudi Arabia
A complete professional reference on Corporate Income Tax (20%) liability, tax base adjustments, depreciation rules, and ZATCA compliance in Saudi…
Recent Official Publications — Saudi Arabia
View All Official Texts →Expert Articles & Commentary on Saudi Arabia
View All Expert Articles →Navigating Cross-Border Transfer Pricing Audits in Saudi Arabia and the UAE
A critical examination of how ZATCA and the UAE FTA approach arm’s length documentation, benchmarking studies, and intra-group management fees.