Accounting, Auditing & ZATCA Compliance | Mehwar Al Madar
SOCPA Certified Auditors

Financial Peace of Mind in Saudi Arabia

From ZATCA Phase 2 E-Invoicing to your mandatory Annual Audit. We keep your books compliant, transparent, and audit-ready.

ZATCA Linked

Financial Health

Q1 2026 Report

VAT Payable

SAR 14,250

Net Profit

SAR 128,000

E-Invoicing Integration Active
Audit File Prep In Progress
Zakat Filing Pending
ZATCA PHASE 2 SOCPA AUDIT IFRS STANDARDS VAT RETURNS ZAKAT CERTIFICATE WITHHOLDING TAX
ZATCA PHASE 2 SOCPA AUDIT IFRS STANDARDS VAT RETURNS ZAKAT CERTIFICATE WITHHOLDING TAX
Mandatory Update

Are You Ready for ZATCA Phase 2?

Integration with the Fatoora portal is now mandatory for most businesses. Non-compliance results in penalties and inability to renew licenses.

  • XML/PDF/A-3 Format Generation
  • Real-time API Integration
  • Cryptographic Stamp & QR Code

Scanning…

Connecting to ZATCA Portal

Our Expertise

Accounting Solutions

Bookkeeping

Daily recording of transactions, reconciliations, and expense tracking using Xero/QuickBooks.

Annual Audit

Independent audit by SOCPA certified auditors required for MISA license renewal.

VAT Management

Registration, deregistration, quarterly filing, and refund processing.

CFO Services

Strategic financial planning, budgeting, and cash flow management for growth.

Payroll Accounting

Aligning payroll data with general ledger and GOSI payments.

Backlog Clearance

Updating years of unrecorded transactions to bring your books up to date.

Your Fiscal Timeline

Never miss a deadline. We manage this calendar for you.

VAT Filing

For companies with >40M SAR revenue.

Monthly

Standard VAT

Filing for most SMEs (Jan, Apr, Jul, Oct).

Quarterly

Zakat / Tax Filing

Deadline to file annual return (120 days after year-end).

April 30

Audited Financials

Upload audited statements to Qawaem portal.

June 30
Penalty Alert

Avoid Costly Mistakes

Saudi tax laws are strict. Late filings or incorrect bookkeeping can lead to severe penalties and license blocks.

Late VAT Filing 5% – 25% Penalty
No Arabic Books 50,000 SAR Fine

Our Guarantee

We ensure 100% compliance with ZATCA regulations, protecting your business from fines.

Simple Pricing

Starter

For small startups.

1,500 SAR/mo
  • Up to 50 Transactions
  • Quarterly VAT
  • Xero Setup

Growth

Most popular.

3,500 SAR/mo
  • Up to 200 Transactions
  • Monthly Reports
  • ZATCA Support
  • Dedicated Accountant

Enterprise

For large volumes.

Custom SAR/mo
  • Unlimited Transactions
  • CFO Advisory
  • Internal Audit

Finance FAQ

Yes. All foreign-owned companies must submit audited financial statements to MISA and the Ministry of Commerce annually to renew licenses.
Zakat is a religious levy of 2.5% on the net worth of the company, applicable to the shareholding owned by GCC nationals. Foreign shares are subject to Corporate Income Tax (20%).
Technically yes, but Saudi law requires books to be maintained in Arabic. Using a local certified accountant ensures compliance with these specific standards.
Penalties range from 5% to 25% of the unpaid tax amount. We provide reminders and handle filings to ensure you never miss a date.

Request Audit Proposal

Get a quote for bookkeeping or annual audit.

Secured Audit Inquiry • Riyadh, KSA

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