The Corporate Tax Rate in Saudi Arabia stands at 20 percent. source: Department of Zakat and Income Tax

Corporate Tax Rate in Saudi Arabia averaged 23.54 percent from 1999 until 2022, reaching an all time high of 45 percent in 1999 and a record low of 20 percent in 2006. This page provides - Saudi Arabia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Corporate Tax Rate - values, historical data and charts - was last updated on February of 2023.

Corporate Tax Rate in Saudi Arabia is expected to reach 20.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Corporate Tax Rate is projected to trend around 20.00 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Saudi Arabia Corporate Tax Rate



Related Last Previous Unit Reference
Personal Income Tax Rate 0.00 0.00 percent Dec 2022
Corporate Tax Rate 20.00 20.00 percent Dec 2022
Social Security Rate 22.00 22.00 percent Dec 2022
Social Security Rate For Companies 12.00 12.00 percent Dec 2022
Social Security Rate For Employees 10.00 10.00 percent Dec 2022

Saudi Arabia Corporate Tax Rate
In Saudi Arabia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Saudi Arabia.
Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 45.00 20.00 1999 - 2022 percent Yearly