The Withholding Tax Rate in Saudi Arabia stands at 15 percent. Withholding Tax Rate in Saudi Arabia averaged 15.33 percent from 2022 until 2024, reaching an all time high of 16.00 percent in 2022 and a record low of 15.00 percent in 2023. source: General Authority of Zakat and Tax (GAZT)




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 Withholding Tax Rate
In Saudi Arabia, the withholding tax rate is a tax collected from companies. It applies to businesses when they make payments to other business entities or individuals, e.g., in the form of dividends, interest, and royalties. The benchmark we use refers to the standard withholding tax rate on interest for non-residents. Revenues from the withholding tax rate are an important source of income for the government of Saudi Arabia.
Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 16.00 15.00 2022 - 2024 percent Yearly
NSA