ZATCA Compliant
SOCPA Auditors

Financial Accuracy & Tax Compliance

Comprehensive Accounting, Audit, and Tax services for international companies. We ensure full compliance with ZATCA E-Invoicing (Fatoora) and IFRS standards.

Report

Annual Audit

Filed
VAT Return
Zakat / CIT Filing
Withholding Tax
Status ZATCA Compliant
VAT 15%
CORPORATE TAX 20%
ZAKAT 2.5%
WITHHOLDING TAX
E-INVOICING PHASE 2
Know Your Liability

Tax Structure Simplified

Saudi Arabia has a dual system depending on shareholder nationality. We help you optimize your structure for tax efficiency.

F

Foreign Entity

100% Non-GCC Ownership

Corporate Income Tax20%

On Net Profits

Withholding Tax5% – 20%

On Service Payments Abroad

G

GCC / Saudi Entity

100% GCC Ownership

Zakat2.5%

On Net Worth (Zakat Base)

Corporate Tax0%

Exempt

Mixed Ownership? Tax is pro-rated based on shareholding %.

Accounting Services

Bookkeeping

Monthly & Quarterly

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Daily Records

  • Arabic/English Charts
  • VAT Compliance Check
  • Cloud Software Setup
  • Expense Categorization

Audit Assurance

Annual Financials

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SOCPA Certified

  • Statutory Audit
  • IFRS Compliance
  • Qawaem Upload
  • Internal Control Review

Tax Filing

ZATCA Submission

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Filing & Returns

  • VAT Returns (Monthly/Qtly)
  • Annual CIT/Zakat
  • Transfer Pricing Files
  • ZATCA Appeals

E-Invoicing (Fatoora)

Compliance with ZATCA’s E-invoicing mandate is not optional. We ensure your systems are integrated for Phase 1 (Generation) and Phase 2 (Integration).

1

Generation Phase

Storing invoices electronically with QR Codes.

2

Integration Phase

Real-time API linkage with ZATCA portal (XML format).

Digital Transformation

Seamless Integration

We work with approved software providers to ensure your POS and ERP systems generate valid QR codes and XML files, avoiding heavy penalties.

  • QR Code Verification
  • Cryptographic Stamp
  • UUID Generation

Why Financial Directors Choose Us

Certified Experts

Our team consists of SOCPA certified accountants and former ZATCA auditors.

Bilingual Reporting

We provide Management Accounts in both Arabic (for authorities) and English (for HQ).

Audit Ready

We maintain your books in an “Audit Ready” state year-round to prevent closing delays.

Finance Desk

Visit Our HQ

Located in Malaz District Riyadh’s financial district.

  • Malaz District, Riyadh, Saudi Arabia
  • +966 50 947 9768
  • info@businesssetup.company

Tax & Audit FAQ

Zakat (2.5% of net worth) is applicable to GCC/Saudi nationals. Income Tax (20% of net profit) applies to foreign investors. Mixed companies pay a pro-rated amount based on ownership percentage.
Yes. All companies in Saudi Arabia, regardless of size, must submit audited financial statements via the Qawaem portal to the Ministry of Commerce annually.
Registration is mandatory if your annual revenue exceeds 375,000 SAR. Voluntary registration is possible for revenue above 187,500 SAR. Non-residents must register within 30 days of the first taxable supply.
Penalties are severe. Late VAT filing incurs 5-25% fines. E-invoicing violations can result in fines up to 50,000 SAR per instance. ZATCA audits are frequent.

Secure Your Finances

Get a quote for Bookkeeping & Audit.

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