Income Tax

The provisions of Income Tax shall apply to resident capital companies with respect to ‎shares of non-Saudi partners, whether they are resident or nonresident natural or legal ‎persons. The Provisions of this law shall further apply to natural or legal nonresident ‎persons, whether Saudis or non-Saudis, who conduct business in the Kingdom ‎through a permanent establishment or generate income from sources within the ‎Kingdom.‎
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Implementing Regulations of Income Tax law:‎

 

The provisions of the Implementing Regulations of Income Tax law shall apply to ‎resident capital companies with respect to shares of non-Saudi partners, whether they ‎are resident or non-resident natural or legal persons. Shares of non-Saudi partners in ‎resident capital companies shall not include shares of non-Saudis held for speculation ‎purposes through trading shares of joint stock companies in the Saudi Stock ‎Exchange. Shares of non-Saudis in mixed companies, which are partners in resident ‎capital companies, are not considered Saudi shares for the purposes of this Law. 


The Provisions of the Implementing Regulations shall also apply to natural or legal ‎nonresident persons, whether Saudis or non-Saudis, who conduct business in the ‎Kingdom through a permanent establishment or generate income within the Kingdom.‎

You can access the Implementing Regulations of Income Tax law by visiting the following link: Income Tax System