Saudi Arabia Corporate Tax 2022
Calculate Zakat (2.5%) and Corporate Tax (20%) based on Ownership
Introduction
🎯 What
Estimates corporate tax liability for businesses and legal entities as per Saudi tax regulations.
👥 Who
Companies and corporate entities, Accountants, Finance officers, and Business owners.
💡 Why
To compute corporate tax accurately for compliance, planning, and reporting purposes.
🏢 Company Details
📊 Income & Expenses
⚙️ Tax Adjustments
Depreciation, charitable contributions
💵 Tax Liability
Enter values to compute Tax.
Detailed Calculation Steps
Corporate Tax Slabs 2022
Tax Rates
- Standard corporate tax: 20% of taxable profits
- Zakat (Saudi-owned): 2.5% on Zakatable base
- Mixed ownership: Proportional rates applied
Allowances & Deductions
- Business expenses (operating costs, salaries)
- Interest on business loans
- Charitable donations (if allowed)
- Zakat paid (deductible for Saudi-owned)
- Losses carried forward
Calculation Examples
Example 1: Foreign-owned Company
Revenue: SAR 1,000,000 | Expenses: SAR 400,000 | Other Income: SAR 50,000
Taxable Profit = 1,050,000 − 400,000 = 650,000
Corporate Tax = 650,000 × 20% = SAR 130,000
Example 2: Saudi-owned Company with Zakat
Revenue: SAR 1,000,000 | Expenses: SAR 400,000 | Zakatable Base: SAR 200,000
Taxable Profit = 600,000
Zakat = 200,000 × 2.5% = SAR 5,000
Corporate Tax = 600,000 × 2.5% = SAR 15,000 (Zakat rate for Saudi companies)
Total Tax = SAR 15,000
Frequently Asked Questions
Q: Who is liable to pay corporate tax?
A: All corporate entities operating in Saudi Arabia.
Q: What is the corporate tax rate?
A: 20% on taxable profits (Zakat separately if applicable).
Q: Can Zakat be deducted from corporate tax?
A: Yes, for Saudi-owned companies under GAZT rules.
Q: What revenues are taxable?
A: All business income unless explicitly exempted.
Q: Is this calculator official?
A: No, it is for informational purposes only.
Disclaimer: This Saudi Corporate Tax Calculator 2022 is for informational purposes only. Rates and rules are based on Saudi Tax Law 2022 and GAZT guidelines. ANTIGRAVITY does not provide legal, accounting, or financial advice.