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VAT, Zakat & RETT: The Three Saudi Charges Businesses Confuse

Three different charges, three different authorities, three different bases. Mixing them up is how Saudi businesses misprice deals and misfile returns. The clear version.

By Shamir George · 5 min read

Saudi businesses routinely conflate three separate charges. They're collected differently, calculated differently, and triggered by different events. Getting them straight is the difference between a clean filing and a penalty.

VAT — a tax on consumption

Value Added Tax is 15%, charged on most goods and services at each step of the supply chain, administered by ZATCA. The business is a collector: you add VAT on sales (output) and reclaim VAT on purchases (input), remitting the difference. It's a tax on the transaction, borne ultimately by the end consumer.

Zakat — a charge on capital

Zakat is fundamentally different. It's a religious wealth levy, assessed at roughly 2.5% on a company's Zakat base (broadly, adjusted net worth / working capital) for Saudi and GCC-owned entities, also administered by ZATCA. It's a charge on capital, not on sales — a profitable year with a thin asset base and a loss-making year with a fat one can produce counterintuitive Zakat. Foreign-owned shares are subject to income tax instead.

VAT is on what you sell. Zakat is on what you're worth. They are not alternatives — many companies pay both.

RETT — a tax on property transfer

Real Estate Transaction Tax is 5% on the value of a property disposal, introduced in 2020 to replace VAT on real-estate sales. It's triggered by the transfer of real estate, not by ongoing trade. Buyers and sellers routinely forget it exists until it appears at registration.

Quick comparison

ChargeRateBased onTriggered by
VAT15%Transaction valueSale of goods/services
Zakat~2.5%Zakat base (capital)Annual assessment
RETT5%Property valueReal-estate transfer

The practical rule: when you price a deal, ask which of the three it triggers — sometimes it's more than one.

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Questions

Can a company pay both VAT and Zakat?

Yes — they're unrelated. VAT is on transactions; Zakat is an annual charge on the Zakat base. Most Saudi-owned trading companies deal with both.

Is RETT still VAT?

No. RETT (5%) replaced VAT on real-estate disposals in 2020. A property sale is generally subject to RETT, not 15% VAT.

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