On 5 December 2023, Saudi Arabia announced a 30-year tax incentive to multinational companies willing to establish their RHQ in Saudi Arabia, with detailed tax rules expected to be published later. See EY Global Alert, Saudi Arabia offers 30-year tax holiday under Regional Headquarters program, dated 15 December 2023.
On 16 February 2024, Saudi Arabia published the Tax Rules for Regional Headquarters (RHQ Tax Rules) in the Official Gazette. The new RHQ Tax Rules aim to clarify the scope and conditions of the tax reliefs for RHQ entities, as announced by the Saudi Arabian Government in December 2023
After this announcement, the RHQ Tax Rules were published on 16 February 2024, making Saudi Arabia a competitive RHQ destination. The tax system is administered by the General Authority of Zakat and Tax (GAZT), which is responsible for collecting taxes, enforcing tax laws, and providing taxpayer services
Join CFOs, Finance Directors, Heads of Account and Auditing, Tax & Compliance Heads and Managers to discuss key challenges, opportunities and best practices in the latest adoption of Future of Finance Automation, E-Invoicing, Tax Compliance, Ai Automation and other key topics on 15th Oct 2024, Riyadh, Saudi Arabia
Registration and Networking
Welcome Address by the Conference Chairperson
Exclusive CFO Fireside Chat: Insights from a Financial Leadership Perspective
