The Corporate Tax Rate in Saudi Arabia stands at 20 percent. Corporate Tax Rate in Saudi Arabia averaged 23.27 percent from 1999 until 2024, reaching an all time high of 45.00 percent in 1999 and a record low of 20.00 percent in 2006. source: General Authority of Zakat and Tax (GAZT)

Corporate Tax Rate in Saudi Arabia is expected to reach 20.00 percent by the end of 2025, 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 2026, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 20.00 20.00 percent Dec 2024
Personal Income Tax Rate 0.00 0.00 percent Dec 2024
Sales Tax Rate 15.00 15.00 percent Dec 2024
Social Security Rate 22.00 22.00 percent Dec 2024
Social Security Rate For Companies 12.00 12.00 percent Dec 2024
Social Security Rate For Employees 10.00 10.00 percent Dec 2024
Withholding Tax Rate 15.00 15.00 percent Dec 2024

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 - 2024 percent Yearly