Consulting & Professional Services Accounting & Tax in Saudi Arabia

Our accounting services are crafted for knowledge-based businesses operating in the Saudi market:

• Management & Strategy Consultants: Firms advising clients on Vision 2030 initiatives, giga-projects, and corporate transformation.
• Engineering & Technical Consultants: Companies providing specialized expertise for the Kingdom's massive infrastructure and construction projects.
• IT & Digital Transformation Consultants: Tech advisors helping Saudi companies digitize their operations, who must comply with ZATCA's e-invoicing rules themselves.
• Foreign Consulting Firms: International firms that have established a Saudi LLC to serve the local market and need to manage withholding tax and transfer pricing.

From your first client contract, professional accounting is mandatory. It becomes absolutely critical at these key moments:

• When You Issue Your First Invoice: You must immediately comply with ZATCA's e-invoicing (Fatoorah) requirements, which demand a specific XML format and integration with ZATCA's systems.
• When You Register for VAT: Once your turnover exceeds SAR 375,000, VAT registration is mandatory. This requires compliant bookkeeping and quarterly VAT filings.
• When You Pay a Foreign Subcontractor: Making payments to non-resident experts or software providers triggers a withholding tax obligation, which must be calculated and remitted to ZATCA.
• At Year-End: For preparing audited financial statements (often required for license renewal) and filing your annual Zakat/Tax declaration with ZATCA.

Investing in outsourced accounting is a high-ROI decision for consultants, freeing up valuable billable hours and ensuring compliance in a high-penalty environment.

• Solo Consultant / Small Firm: SAR 5,000 - SAR 12,000 per month. This typically covers ZATCA-compliant bookkeeping, VAT returns, and payroll for a small team.
• Medium-Sized Firm (5-15 people): SAR 12,000 - SAR 25,000 per month. This service level adds management of withholding tax, more detailed project profitability reporting, and cash flow forecasting.
• Larger Firms: Custom pricing starting at SAR 25,000+, which can include virtual CFO services for strategic financial planning and bidding on large government tenders.

Consulting firms in Saudi Arabia face severe compliance risks that can halt operations:

• ZATCA E-invoicing Penalties: Failure to issue a compliant e-invoice is a direct violation and carries immediate fines. This is a top priority for ZATCA enforcement.
• Withholding Tax (WHT) Violations: Not withholding the correct tax percentage on payments to foreign contractors or service providers is a common and costly mistake, leading to significant penalties.
• VAT Errors: Incorrectly calculating and filing VAT can lead to audits and substantial back-taxes and fines.
• MISA License Renewal Issues: The Ministry of Investment (MISA) often requires audited financial statements for license renewal. Non-compliant books can prevent you from getting a clean audit, jeopardizing your license.

As a consultant, your time is your most valuable asset. Every hour spent wrestling with ZATCA's technical manuals or Saudi tax law is an hour you cannot bill. Outsourcing your accounting to YourLegal provides a team of local experts who live and breathe these regulations.

We handle the entire compliance burden, from generating ZATCA-approved e-invoices to managing your VAT, withholding tax, and payroll obligations. We provide the financial data you need to accurately price projects and manage your cash flow. By taking the complex financial administration off your plate, we let you focus on what you do best: delivering world-class advice to your clients in one of the world's most exciting markets.