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What Is the New Rule of Cheque Bounce in Saudi Arabia

If you're holding a bounced cheque in Saudi Arabia, or you've just been told one of yours didn't clear, the rules changed meaningfully with the Kingdom's updated Commercial Papers Law and the push toward electronic enforcement. Here's what actually applies now. ## Quick answer

Saudi Company Fiscal Year & Accounting Requirements?

Saudi companies must maintain a 12-month fiscal year with specific dates in articles of association. Accounting records must be kept at the head office.

How Long Can Saudi Online Stores Keep My Data?

Under Article 5, Saudi online stores may only keep your personal data for as long as needed to complete the transaction, unless you agree otherwise.

Saudi Arabia Marriage Age Requirements for Expats?

Saudi Arabia sets minimum marriage age at 18 years. Courts may grant exceptions for those who reached puberty. This applies to expats marrying in the Kingdom.

What Must Saudi Online Stores Show You?

Saudi online stores must legally display seller identity, contact details, full T&Cs, and a post-purchase receipt under Articles 6, 7, and 8.

Do I have to pay VAT on my apartment rent in Saudi Arabia?

Residential apartment and villa rentals in Saudi Arabia are exempt from VAT under Article 30, so landlords should not charge VAT on home leases.

Zakat for Companies in Saudi Arabia: What You Owe

If you're running a company in Saudi Arabia with Saudi or GCC ownership, you're on the hook for zakat — not corporate tax. The rate sounds simple (2.5%), but the base it applies to is where things get messy. Here's what actually matters. ## Quick answer Zakat for companies in S

ESB Calculator in Saudi Arabia: How End of Service Works

Saudi Arabia's end-of-service benefit (ESB) pays half a month's wage per year for the first 5 years, then full monthly wage thereafter. Resignation reduces it unless you've worked 10+ years.