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Rest assured with precise financial records
At ALMega Business, we specialize in maintaining your company’s financial and tax books with utmost accuracy, clarity, and zero errors.
Navigating tax rules
Compliance with local tax laws and minimizing tax liabilities, including VAT and corporate taxes, demands dedicated expertise. We simplify this process, ensuring clarity and adherence to regulations.
Empower your financial foresight
With our continuous analysis and reporting services, we provide the insights needed to make informed decisions, driving your company towards sustained excellence.
Steps to get the solution
Rest assured, we offer tailored solutions to eliminate any previous challenges, ensuring your success without any setbacks. Our meticulous accounting services are designed to align seamlessly with Saudi regulations, bolstering your financial health and compliance. Our comprehensive suite includes
Day-to-Day Bookkeeping
We provide precise and timely recording of all financial transactions, guaranteeing that your records are consistently up-to-date.
Taxation Services
Our expertise covers all tax-related matters, encompassing VAT, corporate tax filings, and adherence to local tax laws to mitigate liabilities and avoid penalties.
Financial Reporting
We meticulously prepare detailed financial statements and reports, offering invaluable insights into your financial performance to facilitate strategic decision-making.
Audit Preparation
Our support extends to both internal and external audits, ensuring that your financial records are meticulously organized and audit-ready.
Budgeting and Forecasting
We assist in developing realistic budgets and financial forecasts, providing essential guidance for your business planning and growth strategies.
Accounts Payable and Receivable
Our streamlined processes manage incoming and outgoing payments, ensuring optimal cash flow and efficient financial operations.
Regulatory Compliance
We continuously monitor and update accounting practices to align with the latest Saudi financial regulations and standards, ensuring ongoing compliance and risk mitigation.
We do it simply for you
Quick
Easy
Quick
FAQ
What is the importance of the financial reports we prepare?
The financial reports we prepare are of great importance because they provide a clear and accurate picture of the company’s financial performance, helping management make informed decisions. They also enhance transparency and trust among investors and stakeholders and contribute to compliance with accounting regulations and laws. Additionally, financial reports aid in analyzing financial trends and strategic planning to ensure sustainable growth and achieve the company’s long-term goals.
What are the corporate tax rates in Saudi Arabia?
The corporate tax for foreign investors is 20% annually of the net profit. The corporate tax (Zakat) for GCC nationals is 2.5% of the net profit annually.
What is the minimum capital required to establish a company?
The minimum capital required to establish companies in Saudi Arabia may vary depending on the type of company and several other factors, knowing that the required capital is not less than SAR 25 thousand.