Saudi Arabia’s General Zakat and Tax Authority says Thursday deadline for company tax declaration

The General Authority of Zakat and Tax (GAZT) called on entities and companies to file their tax declaration for the month of April by Thursday May 31. (Shutterstock)
Updated 28 May 2018

Saudi Arabia’s General Zakat and Tax Authority says Thursday deadline for company tax declaration

JEDDAH: The General Authority of Zakat and Tax (GAZT) called on entities and companies registered with the value added tax (VAT) scheme to file their tax declaration for the month of April by Thursday May 31(corresponding to 15 Ramadan 1439H).
The authority set the end of May as the deadline for companies and entities whose annual value of taxable goods and services exceed 40 million Saudi riyals, the Saudi Press Agency said.
While establishments with annual values of taxable goods and services at less than 40 million riyals should file their tax declarations every three months.
The authority said in a statement those who fail to submit their declaration during the specified period will be fined a minimum of 5% and a maximum of 25% of the value of tax that entity was due to pay.
This is in addition to a fine for the delayed payment of tax due, which is equivalent to 5% of the value of the unpaid tax per month or part of the tax that was not paid.


First pilgrims leave under Eyab initiative

Updated 18 August 2019

First pilgrims leave under Eyab initiative

  • Al-Amoudi toured the exhibition dedicated to welcome Eyab’s beneficiaries

Saudi Minister of Transport and Chairman of the General Authority of Civil Aviation (GACA), Dr. Nabeel Al-Amoudi, oversaw the departure of the first 

group of pilgrims under the Eyab initiative on Saturday together with GACA President Abdulhadi bin Ahmed Al-Mansouri.

Eyab seeks to improve services provided to pilgrims, with the authority aiming to enrich pilgrims’ experience at the Kingdom’s airports. It is expected to benefit 30,000 pilgrims during this year’s Hajj season.

Al-Amoudi toured the exhibition dedicated to welcome Eyab’s beneficiaries, inspected the services available and received a briefing from the initiative’s officials.

GACA started an experimental implementation of Eyab this year, aimed at pilgrims returning to Indonesia, India and Malaysia through Jeddah’s King Abdul Aziz International Airport and Madinah’s Prince Mohammed bin Abdul Aziz Airport.