Copyright © 2025 CBD Accounting For Financial Consultanting. All rights reserved.
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- Office No 110 , 2nd Floor ,Building No 2, 7792 Sakaka, Al Olaya, Riyadh 12313 , KSA
To manage the taxation in Saudi Arabia is far from being easy. The above-mentioned complexity rises especially in Zakat and related tax laws. Businesses these days must follow the legal requirements imposed on them by the General Authority of Zakat and Tax (GAZT), so as to avoid penalties. At CBD Accounting-financial consulting in Saudi Arabia, we help our clients with their tax needs to ensure their compliance while formulating their financial strategy.
Compliance is the cornerstone for any business enterprise. Blunders, however, are costly and both reputational and financial. Our seasoned experts, well-versed in KSA corporate taxation, are in the best position to offer high-quality tax regulation guidance. Our objective? Having your business run smoothly in synchronization with all regulatory needs.
Additionally, our tax advisory specialists provide assistance for Zakat calculations. This comprehensive system guarantees your firm’s strong position, ensuring long-term development and success.
Each corporate and individual taxpayer would prefer paying no more than necessary under law. However, it is of the utmost importance to comply with legislation and evade paying fines and undertaking investigations by the General Authority of Zakat and Income Tax (“GAZT”) in the Kingdom of Saudi Arabia.
We have a specialist team of tax professionals who can assist you quickly and constructively in tax planning issues. Our tax and zakat specialists can act on your behalf in seeking compliance with zakat and tax laws, preparing returns to be sought by the GAZT and obtaining their acquiescence with the GAZT. We can settle any zakat and tax dispute and act on behalf of our clients with the GAZT.
As tax and zakat consultants, our services include the following:
There is currently no VAT in Saudi Arabia, but it is expected that VAT will be introduced in 2018. So far, the tax authority has not issued any regulations or guidance; nevertheless, we are preparing for this news, with our global network providing insights from other similar taxes.
Regardless of what is needed for the organization, whether it’s tax litigation, Zakat tax Saudi Arabia, or other, our mode of operation will stay constant. Our approach is understanding of your business first. With a fine understanding of the question facing you, we create more tailored tax solutions that create the path for collaboration.
Open communication is crucial. We believe transparency in our professional tax services will create a wide chasm for a trust-based relationship with our customers.
With CBDKSA’s extensive international presence with more than 800 offices across 120 nations, we’re uniquely situated to offer tax compliance services even beyond Saudi’s limits.
Wherever you’re establishing the foundation for a new company in Saudi or building on an existing operation, our seasoned staff can lead you to:
Services We Offer
Choose CBDKSA for superior tax services and Zakat knowledge. Our experts, backed by a wealth of expertise, are ready to mold solutions tailored especially for your company.
Zakat is an obligatory Islamic tax imposed on businesses and individuals based on net worth, typically at a rate of 2.5% annually.
While Zakat applies to Saudi and GCC nationals, income tax applies to non-residents and foreign-owned businesses at a rate of 20%.
Businesses can ensure compliance by maintaining accurate financial records, submitting tax returns on time, and seeking expert tax advisory services.
Failure to comply with tax regulations can lead to financial penalties, audits, and legal actions by the GAZT.
The company boasts a highly experienced team of Accountants and Auditors as well as specialists in Zakat & Income Tax, and Value Added Tax. They are fully aware of the applicable laws and regulations in Saudi Arabia.
Copyright © 2025 CBD Accounting For Financial Consultanting. All rights reserved.