Zakat and Tax Consulting Solutions

The Arab Center for Consulting provides specialized zakat and tax consulting services to ensure compliance with the Zakat, Tax, and Customs Authority. Through our experts, we offer zakat and tax solutions, including zakat and income tax accounting, zakat and income tax in Saudi Arabia, and transfer pricing disclosure. What is the difference between tax and zakat? We help you understand tax and zakat laws and apply the transfer pricing system. The Arab Center for Consulting supports companies with certified accountant letters for transfer pricing and transfer pricing model forms to comply with the General Authority of Zakat and Income. Choose our services to efficiently understand transfer pricing methods for zakat and income and the scope of transfer pricing application.

Section One: Zakat and Income Tax Solutions

At the Arab Center for Consulting, we provide customized solutions for our clients based on a clear assessment of their needs, ensuring the highest levels of compliance and cost savings. This includes: Registering companies with the Zakat, Tax, and Customs Authority and canceling registration following applicable regulations. Zakat and tax planning services, designing integrated strategies to ensure compliance with regulations and requirements while maximizing financial efficiency, effectiveness, and minimizing zakat and tax-related risks. Preparing and submitting zakat and tax returns in compliance with regulations. Representing clients before the Authority during audits, discussing zakat or tax assessments, submitting objections, and representing taxpayers before primary and appellate objection committees. Providing zakat and tax consultations, addressing client inquiries, and offering innovative solutions to meet client needs and address compliance challenges following relevant regulations.

Section Two: Selective Taxes and Transfer Pricing

Registering companies with the Zakat, Tax, and Customs Authority and canceling registration smoothly while ensuring full compliance with regulations.
Reviewing and submitting VAT returns through data analysis to provide accurate declarations following regulations.
Reviewing accounting systems to ensure full compliance with all instructions and regulations, verifying the accuracy of accounting records to avoid tax errors and prevent penalties or violations.

A non-direct tax imposed on specific goods to reduce their consumption or regulate their use:

Registering companies for selective tax with the Zakat, Tax, and Customs Authority.
Accurately identifying taxable goods as per regulations, reviewing, preparing, and submitting selective tax returns on time to ensure full compliance.
Reviewing accounting and financial records to verify the accuracy of selective tax calculations and ensure compliance with legal requirements.

A direct tax imposed on payments made to non-residents (individuals or foreign companies) for services provided within the Kingdom:

Registering companies for withholding tax with the Zakat, Tax, and Customs Authority.
Calculating the due tax based on the type of service and applicable tax rate, preparing and submitting monthly tax returns to ensure compliance.
Reviewing contracts with non-residents to determine applicable tax obligations.

A tax imposed on real estate ownership transfer transactions:
- Accurately calculating the due tax based on the type of transaction and minimizing associated risks.
- Reviewing and submitting declarations accurately following regulations.
- Providing support in preparing required documents to ensure compliance with Authority regulations.
- Reviewing contracts and agreements to ensure accurate tax calculation and avoid penalties.

Aims to regulate pricing operations between related parties to ensure compliance with the arm’s length principle and prevent unfair profit shifting:
- Preparing transfer pricing files and ensuring compliance with documentation to meet the regulations of the Zakat, Tax, and Customs Authority.
- Preparing and submitting related-party disclosures by completing the related-party disclosure and transfer pricing transaction forms when filing tax returns and submitting them electronically through the Authority’s platform.
- Supporting companies in submitting requests to the Authority for advance pricing agreements to determine approved pricing methods, facilitating negotiations with tax authorities to ensure pricing policy stability and minimize future disputes.
Our services also include providing specialized consultations on best practices to minimize tax risks, supporting companies during audits and inspections by the Zakat, Tax, and Customs Authority, and preparing formal responses and objections in case of tax discrepancies. Additionally, we offer training programs and workshops to raise employee awareness of all tax-related aspects, contributing to enhanced tax compliance and improved business efficiency.

Zakat and Tax Planning and Compliance Solutions
- Zakat and tax planning solutions.
- Declaration submission and client representation solutions.
- Solutions for addressing compliance challenges.
Selective Tax and Transfer Pricing Consulting Solutions
- Value-Added Tax.
- Withholding Tax.
- Selective Tax.
- Real Estate Transaction Tax.
- Transfer Pricing.

Get zakat and tax consulting services from the Arab Center for Consulting to ensure compliance with the Zakat, Tax, and Customs Authority