This document provides a consolidated overview of recent tax developments in the Kingdom of Saudi Arabia (“KSA” or “Saudi Arabia”) in the last 12 months. The National Report provides insights on key developments, regulatory changes, and economic impacts within the fiscal environment in the KSA.

For businesses familiar with the stringent tax penalty regime in the UAE, the term “tax audit” often invokes feelings of fear, doubt, and anxiety. While these emotions are natural, understanding the dos and don’ts of navigating a tax audit can significantly influence how a business responds to the Federal Tax Authority (FTA) and, in turn, impact the outcome of the audit.

For businesses familiar with the stringent tax penalty regime in the UAE, the term “tax audit” often invokes feelings of fear, doubt, and anxiety. While these emotions are natural, understanding the dos and don’ts of navigating a tax audit can significantly influence how a business responds to the Federal Tax Authority (FTA) and, in turn, impact the outcome of the audit.

The introduction of Corporate Income Tax (“CIT”) in the United Arab Emirates (“UAE”) has been a pivotal moment in the country’s continuous development. Historically, the UAE operated as a jurisdiction where no federal corporate income tax (CIT) was applicable.

We are excited to share the results of our latest E-Invoicing Survey! We thank all participants who contributed and provided valuable insights. We at Aurifer give you some insights on the new MoF initiative on e-invoicing plans in the UAE here below:

On February 6, 2025, the UAE Ministry of Finance (MoF) launched a public consultation on the implementation of an electronic invoicing (eInvoicing) framework, which is set to go live in July 2026. We at Aurifer give you some insights on the new MoF initiative on e-invoicing plans in the UAE here below:

We are excited to share the results of our UAE Corporate Income Tax (CIT) Readiness Survey! We thank all participants who contributed and provided valuable insights. The survey sheds light on how businesses across the UAE are preparing for the new CIT landscape, revealing trends in awareness, compliance, and adaptation strategies.

In recent years, the United Arab Emirates (“UAE”) and the Gulf Cooperation Council (“GCC”) have concluded several Comprehensive Economic Partnership Agreements (“CEPAs”) and Free Trade Agreements (“FTAs”). This article e...

On Friday, October 4, 2024, the Federal Tax Authority (FTA) released the English version of Cabinet Decision No.

Starting from financial years on or after June 1, 2023, the United Arab Emirates (UAE) has implemented a Corporate Tax (CIT) as a strategic move to help the nation’s development as well as consolidate its position as a leading jurisdiction for business and investment.