Zakat & Tax Advisory
An accurately determined zakat and tax base, with clear compliance steps aligned with regulations.
Or discuss it with us on WhatsApp (opens in a new tab)Is the entity's zakat and tax position accurate and compliant?
What you get
An accurately determined zakat and tax base, with clear compliance steps aligned with regulations.
Overview
What is Zakat & Tax Advisory?
Al Assaf & Abanmi Certified Public Accountants provides Zakat & Tax Advisory to companies in Saudi Arabia.
Zakat and tax advisory examines a company's zakat and tax position and the accuracy of its zakat and tax base, in accordance with applicable Saudi regulations.
The engagement helps financial management understand requirements before filing returns and consider regulatory developments in the context of the business.
When you need it
Is Zakat & Tax Advisory right for your business?
It suits
- Businesses subject to zakat, income tax or value-added tax
- Finance teams preparing returns
- Businesses dealing with requirements of the Zakat, Tax and Customs Authority (ZATCA)
It addresses
- Uncertainty about calculating the zakat or tax base
- Risks of non-compliance with applicable regulations
- A need for professional interpretation before taking action
Scope of work
What does Zakat & Tax Advisory usually include?
The final scope and deliverables are set in the engagement letter after reviewing your needs.
Reviewing the company's current zakat and tax position
Reviewing the accuracy of the zakat and tax base
Providing advisory opinions within applicable regulations
Clarifying the steps required for compliance