Copyright © 2025 CBD Accounting For Financial Consultanting. All rights reserved.
- +966569722226
- Info@cbdksa.com
- Office No 27, Khurais Br Rd, Al Manar, Riyadh 14221, Saudi Arabia
Managing VAT return filing in Saudi Arabia can often be problematic for businesses. Failing to meet deadlines, calculating VAT incorrectly, or turning in incomplete reports can result in fines, audits, and reputational damage. Compliance with ZATCA is a heavy burden, especially for growing businesses with limited in-house tax expertise. Many of these businesses are not keeping up with timely filings and reconciliation of their VAT accounts and returns without some sort of lifeline from either the experts in the tax consultancy firms or the ZATCA itself.
This is where CBD Accounting for Financial Consulting comes in. We streamline and manage your business’s entire VAT return filing process—making it accurate, efficient, and fully compliant with ZATCA regulations. From data collection to report submission and payment reconciliation, we handle it all while ensuring your business remains audit-ready and stress-free. Our team of experts ensures your competitive edge by providing timely reminders, accurate filing, and industry-specific advisory support.
Filing a VAT return means sending ZATCA reports at regular intervals that state how much we have charged our customers and how much we have been charged ourselves. We say the amount we have been arrested in the reports and how much we have charged. The difference between the two is the net amount of VAT due. If we have paid out more than we have received, then we are in line for a refund; if we have received more than we have paid out, we need to send in the amount due.
Filing Frequency:
We offer a full suite of services related to VAT returns, from initial assessment to final filing. We stay on top of everything for our clients by fully complying with ZATCA regulations.
Step 1: Data Gathering
The sales, purchases, expenses, and inventory records we collect are used to compute your VAT obligations.
Step 2: Tax Computation
Our specialists calculate the input and output VAT and any adjustments necessary for exempt or zero-rated supplies.
Step 3: Return Preparation
We craft precise and audit-proof reports for VAT returns and all necessary accompanying documentation.
Step 4: Online Submission
The VAT return is filed on the ZATCA portal within the set time frame.
Step 5: Payment & Acknowledgment
We lead you through how to pay VAT and offer confirmation of your filing for your records.
VAT practitioners who have chosen to focus primarily on VAT issues and who devote much of their time to advising businesses on their VAT matters.
We guarantee that your VAT returns fully comply with Saudi Arabia’s E-invoicing (Fatoorah) phases. We do this in three ways:
Returns for value-added tax (VAT) must be submitted by the last day of the month that follows the tax period.
ZATCA may impose fines and penalties for late filing.
An amended return or correction form can be submitted via the ZATCA portal.
VAT refunds are obtainable by filing a refund application after submitting the return.
You don’t send invoices but must keep them as part of your VAT recordkeeping.
Certainly, we offer comprehensive support throughout the process, including ensuring that payment is handled correctly and all necessary compliance measures are in place.
We align your books with the data from VAT returns to guarantee accuracy and resolve any discrepancies that might arise.
Remain compliant with tax deadlines using our team of experts for VAT filing services in Saudi Arabia.
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.