Minister of Finance and Chairman of the Board of Directors of the Zakat, Tax and Customs Authority (ZATCA) Mohammed Al-Jadaan signed a series of significant agreements aimed at strengthening tax and customs cooperation with multiple countries during the Zakat, Tax and Customs Conference, which commenced on 4 December 2024 in Riyadh, according to a release from the Saudi Press Agency,

One of the pivotal agreements was signed with Croatia’s Deputy Prime Minister and Minister of Finance Marko Primorac to avoid double taxation. This agreement is expected to promote trade and investment between Saudi Arabia and Croatia by addressing tax-related challenges.

Additionally, an agreement was concluded with the government of Kosovo to enhance cooperation and mutual assistance in customs matters.This accord, signed by Al-Jadaan and Kosovo’s Minister of Finance, Labor, and Transfers, Hekuran Murati, aims to facilitate trade by fostering administrative collaboration, exchanging expertise, and adopting modern customs technologies.

Another significant milestone was the signing of a new agreement with Kuwait to avoid double taxation and boost trade and investment. The agreement, signed by Al-Jadaan and Kuwait’s Minister of Finance and Minister of State for Economic Affairs and Investments Eng. Noora Sulaiman Al-Fassam, seeks to create equal opportunities for investors and strengthen economic ties between the two nations.

The conference, which features an extensive agenda, includes dialogue sessions, over 70 workshops, and participation from nearly 90 local, regional, and international organizations in its accompanying exhibition.