The government of Saudi Arabia has signed the Multilateral Convention of OECD on Mutual Administrative Assistance in Tax Matters. This would provide spontaneous exchange of information, simultaneous tax examinations, and assistance in tax collection to Saudi Arabia.
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The Saudi Zakat, Tax, and Customs Authority (ZATCA) has published guidelines detailing the new Regional Headquarters (RHQ) Program in the country. As per previous reports, the RHQ program offers tax advantages such as a 0% corporate income tax rate
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On 12 March 2024, the Saudi Zakat, Tax, and Customs Authority (ZATCA) in a release urged all taxpayers to leverage from the "Cancellation of Fines and E-invoicing of Penalties Initiative." This initiative will end on 30 June 2024. ZATCA has
Read More On 4 February 2024, Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) announced guidelines regarding the taxation of 29 types of software payments. These payments result from transactions between non-residents and residents of Saudi Arabia
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On 4 February 2024, Saudi Arabia’s Saudi Zakat, Tax, and Customs Authority (ZATCA) released the Regional Headquarters Tax Rules. This guide provides the rules and requirements for the regional headquarters program announced in December 2023. The
Read More On 29 December 2023, Saudi Arabi’s Zakat, Tax and Customs Authority (ZATCA) announced the extension of the "Cancellation of Fines and Exemption of Penalties initiative until 30 June 2024. ZATCA stated that the initiative's extension, which ends
Read More On 5 December 2023, the Ministry of Investment of Saudi Arabia (MISA), in coordination with the Ministry of Finance and the Zakat, Tax and Customs Authority (ZATCA) announced 30-year tax incentive package for the Regional Headquarters (RHQ) Program,
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