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Course Code
FANT-030
Advance Saudi Corporate Taxation (Saudi Tax Law)
- This comprehensive course is designed to provide financial professionals with an in-depth understanding of the Saudi Arabian tax landscape. It covers the intricacies of Corporate Income Tax, Zakat regulations, Value Added Tax (VAT), and the latest electronic invoicing (Fatoora) requirements. The program focuses on practical application, ensuring participants can navigate the evolving regulatory framework of the Zakat, Tax and Customs Authority (ZATCA) while maintaining compliance and optimizing tax positions.
- This advanced program provides a technical and practical deep dive into the Saudi Arabian tax system. It is specifically designed to equip finance professionals with the skills needed to navigate the complexities of Zakat, Corporate Income Tax, VAT, and the rapidly evolving Electronic Invoicing (Fatoora) landscape. Participants will gain the expertise to ensure organizational compliance with Zakat, Tax and Customs Authority (ZATCA) regulations while effectively managing tax risks.
Learning Outcomes
- Interpret and apply the latest Saudi Corporate Income Tax and Zakat laws effectively.
- Manage complex VAT transactions, including exemptions, zero-rating, and input tax deductions.
- Implement ZATCA’s Phase 2 Electronic Invoicing requirements (Integration Phase).
- Execute advanced tax planning strategies while ensuring full legal compliance with Saudi regulations.
- Handle tax disputes, appeals, and documentation requirements for official audits.
- Navigate and apply the latest ZATCA regulations for Zakat, Income Tax, and VAT with high precision.
- Identify legal tax planning opportunities and manage deductible expenses effectively.
- Understand and oversee the technical implementation of Phase 2 (Integration Phase) of Electronic Invoicing.
- Conduct internal tax health checks to identify potential liabilities and prepare for official audits.
- Prepare accurate tax and Zakat filings for complex corporate structures and international transactions.
By the end of this training course, participants will be able to:
Course Contents
- Zakat & Corporate Income Tax in KSA
- Legal Framework: KSA Tax Law vs. Zakat Regulations.
- Zakat Calculation: The "Equity Method" vs. the "Net Adjusted Profit Method."
- Taxable Income: Allowable vs. Non-allowable expenses.
- Treatment of Carry-forward Losses and Depreciation.
- Advanced VAT Operations
- Complex Supplies: Mixed, Composite, and Exempt supplies.
- Input Tax Apportionment for partially exempt businesses.
- The "Reverse Charge Mechanism" (RCM) and Import VAT.
- Handling VAT Audits and Voluntary Disclosures.
- International Tax & Withholding Tax (WHT)
- WHT Rates: Payments to non-residents (Royalties, Management fees, etc.).
- Permanent Establishment (PE) and Business Connection risks.
- Transfer Pricing: Master File, Local File, and Country-by-Country Reporting (CbCR).
- Tax Treaties (DTAAs) and their impact on withholding.
- Electronic Invoicing (Fatoora) & Digital Tax
- Phase 2 Integration: Requirements for API linkage with ZATCA.
- Security Features: Hash, Digital Signatures, and QR Codes.
- ERP Readiness: Aligning financial systems (e.g., Oracle/SAP) with Saudi requirements.
- Business Process Re-engineering for automated tax compliance.
- Tax Disputes, Appeals & Practical Clinic
- ZATCA Audit Cycle: From Notification to Assessment.
- The Appeals Process: Objections to ZATCA and the General Secretariat of Tax Committees (GSTC).
- Practical Workshop: Finalizing a Comprehensive Corporate Tax/Zakat Return.
- Course Summary and Post-Training Action Plan.
Our Methodology
- Make coaching and monitoring innovative and using modern
- Media training also using on the go training by using interactive means and focusing on
- The exercises, practical applications and real situations study
- Live delivery method, instructor-led training
- Experienced consultant, trainers, and professional
- Qualified trainer with high-level experience
Attendance Reports
- Send daily attendance reports to training departments
- Send full attendance report to training dep. by the end of the course
- Attend 100 % from the course days also provide daily
- Issue attendance certificate for participant who attend minimum 80% from the course duration
Pre/Post Reports
- Pre- assessment before starting training
- Post assessment after finishing training
- Full report for the difference between Pre-& Post assessment
Who Should Attend
- Finance Managers, Controllers, and CFOs.
- Tax and Zakat Specialists and Accountants.
- Internal and External Auditors.
- Compliance and Risk Management Officers.
- Professionals involved in ERP implementation and financial digital transformation
- Legal Advisors and Consultants specializing in Saudi Corporate Law.
