Accountancy in Saudi Arabia

>> Withholding Taxes in Saudi Arabia

Service payments made from a resident party or permanent establishment of a non – resident are subject to withholding taxes should be paid within the first 10 days of the month following during which the payment was made.

The rates of tax vary as follows:

Explanation Rate
Dividend, Interest, etc 5%
Royalty and Related Party, etc 15%
Management Fees 20%

 


Latest version updated 10th April 2019

Country Breakdown

32.28

Million

Population

?

Saudi Riyal

Currency

$ 646.4

Billion

GDP

2.15

Million

km2