The Zakat, Tax and Customs Authority (ZATCA) held an awareness workshop for the Chinese companies operating in Saudi Arabia that are subject to the applicable tax laws. The workshop was attended by the Chinese Commercial Attaché Mr. Zaki Bay, and Tax Affairs Officer Mr. Chai Lian Liang.
The workshop, held at ZATCA's headquarters, discussed the role of the public relations officer in supporting taxpayers through the ongoing follow-up and solution of their issues, and raising awareness on the procedures and initiatives provided by ZATCA.
During the workshop, ZATCA demonstrated the transfer pricing in the Kingdom and the mechanism of filing therein. The inspection, objections and settlement procedures were also discussed. In addition, the workshop addressed tax collection procedures and request for ruling submission, highlighting the rights of the taxpayers.
ZATCA addressed its initiatives for the facilitation of cross-border trade by providing fast and flexible customs procedures on import clearance and its related logistics services.
ZATCA's awareness workshops are held with the aim of educating business sector taxpayers who are subject to the tax laws and facilitating cross-border trade through its initiatives covering all its customs ports of entry.