News

A podcast special from The Athletic exploring Saudi Arabia's influence on two key tournaments in the U.S. this summer — on ...
Minister of Finance approves the extension to taxpayers under all Saudi tax laws, starting July 1 this year until 31 December ...
Arabian Gulf Business Insight on MSN7d
Saudi Arabia extends tax waiver to end of 2025
The Saudi Zakat, Tax and Customs Authority (ZATCA) has extended a waiver on fines and penalties for a further six months until 31 December 2025, it announced. The extension, which would have expired ...
Saudi Arabia’s Minister of Finance and Chairman of Zakat, Tax and Customs Authority (ZATCA), Mohammed Al-Jadaan, approved the controls for collecting all Zakat from all companies, institutions, and ...
In recent years Saudi Arabia has established itself as one of the strongest and most dynamic economies in the Middle East. Central to this has been the reformation of the tax and zakat (a payment ...
Saudi Arabia has given taxpayers until the end of this month to make use of a waiver on tax fines. The Zakat, Tax and Customs Authority (ZATCA) has called on all taxpayers subject to tax regulations ...
The Nigeria Customs Service (NCS) and the Zakat, Tax and Customs Authority of the Kingdom of Saudi Arabia have signed a ...
The Zakat (a form of tithe) is paid annually by Saudi individuals and companies within the provisions of Islamic law. The Zakat is an annual flat rate of 2.5 percent of the assessable amount.
Saudi Arabia’s decision to weaken the link between hydrocarbons and economic growth, and pursue a policy of diversification has seen projects across a range of sectors come to fruition in the last ...
The Saudi Zakat, Tax, and Customs Authority (ZTCA) announced that the minister of finance has approved extension of the initiative to waive fines and exempt taxpayers from penalties for a period of ...