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Zakat and Tax

Advisory

We offer a comprehensive range of advisory services to help you create, transform and protect value.

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Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
Marketing and Client Service
We offer strategy, client service, digital and insight solutions to businesses that are shaping the future across the Middle East.
Forensic services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
Transaction Advisory
Globalisation and company growth ambitions are driving an increase in transactions activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer-term strategic goals.
Growth services
We have designed and developed growth services to support your business at each phase of its growth. So whether you are an SME that has just set up or a large business wishing to expand, at Grant Thornton we will help you unlock your potential for growth.

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Blog The Role of Tax in Driving Saudi Arabia’s Non-Oil Economy: Unlocking Opportunities in Emerging Sectors

In recent years, the Kingdom of Saudi Arabia (KSA) has embarked on a transformative journey to diversify its economy, reducing its dependence on oil revenues. With Vision 2030 as a guiding framework, the nation actively explores opportunities across various non-oil sectors, such as technology, tourism, and logistics. Tax policies and incentives are central to this ambitious agenda, and they are increasingly seen as pivotal tools for stimulating growth and attracting investment in these emerging sectors. This article examines how the Kingdom's tax landscape is evolving to support its non-oil economy and unlock opportunities for domestic and foreign investors.

| 4 min read | 08 Nov 2024

Assurance

We have the scope, depth, and global reach to serve businesses who are positioned to thrive in Saudi Arabia. Our team provide you with assurance services that...

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IFRS
At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.

Zakat and Tax

Our experienced tax team not only support core compliance but are at the leading edge of transformation and operational resilience in respect of the tax...

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Industries

Energy & natural resources

Energy & resources

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Financial services

Optimism is slowly returning to the global economy, but the financial services industry needs to regain the trust of public and private bodies. To succeed,...

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Consumer products

Emerging markets and shifting consumer demand are creating new opportunities in consumer products, with business leaders investing in new products, markets and...

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Travel, tourism & leisure

Dynamic businesses need to move with speed and purpose if they want to capitalise on opportunities in travel, tourism & leisure. At Grant Thornton, we know...

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Healthcare

Demographic, organisational and resourcing issues are radically changing the global healthcare industry. Worldwide, we have a long and varied list of clients,...

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Public sector

We work with all types of agencies, including central and state government, local government, donors (including bilateral and multilateral international...

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Real estate & construction

While the impact of the prolonged downturn continues to be felt, pockets of opportunity and optimism have emerged within the retail estate and construction...

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Technology, media & telecommunications

Rapid change and complexity are norms, and innovation the fuel in the technology industry. Today’s revolutions – including cloud, as-a-service, social media...

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Get the most from a thriving market.

Go Beyond with Grant Thornton in Saudi Arabia

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Empowering the mid-market

Marketing Outsourcing

Creating new digital perspectives

Access to senior leaders

Supporting you to thrive.

Navigate complex challenges

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About us

We are a different kind of accounting and advisory firm, ready to meet the very diverse demands of today’s business. Delivering fresh perspectives, practical solutions, and consistent high quality.

Advisory

We offer a comprehensive range of advisory services to help you create, transform and protect value.

Assurance

We have the scope, depth, and global reach to serve businesses who are positioned to thrive in Saudi Arabia. Our team provide you with assurance services that deliver real value and support investor confidence.

Zakat and Tax

Our experienced tax team not only support core compliance but are at the leading edge of transformation and operational resilience in respect of the tax landscape across Saudi Arabia

Featured content

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The Personal Data Protection Law (PDPL) was implemented by Royal Decree M/19 of 9/2/1443H (16 September 2021) approving Resolution No. 98 dated 7/2/1443H (14

16 Oct 2021

Navigating the G20 Refuel Growth

Despite the set back caused by the pandemic, the G20 countries continue to act as a launchpad for businesses wishing to penetrate global markets in both a

10 Mar 2021

Inclusion Insights Gender parity in Financial Services

The financial services sector is taking stock of the pandemic’s impact, and future working practices. Against this backdrop, Partners working with financial

06 Jun 2021

Global demand boosts technology revenue expectations Global demand boosts technology revenue expectations

Grant Thornton’s unique Global business pulse index has tracked performance of several industries between 2020 and the same period in 2021. The telecoms,

20 Sep 2021

Local insight

Saudi Vision 2030

We are delighted to support Saudi Arabia's vision for future, by enabling dynamic businesses to diversify and develop key industries in the Kingdom. Our local team are well versed with Saudi Vision 2030, along with the local and global opportunities this unlocks.

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Global insight

G20 and global access

We are a network of independent assurance, tax and advisory firms, made up of over 53,000 people in 135 countries. We've got scale, combined with local market understanding. That means we’re everywhere you are, as well as where you want to be. With Saudi Arabia being part of the G20, we also have representation across the other 19 countries.

Our global reach

EXPERIENCED HIRE

Go beyond in your career

Are you ready for a new challenge? Then come and enjoy being part of a firm that does things differently both globally and in Saudi Arabia.

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Get the most from a thriving market.

Go Beyond with Grant Thornton in Saudi Arabia

Go Beyond

Marketing Outsourcing

Access to senior leaders

Navigate complex challenges

About us

We are a different kind of accounting and advisory firm, ready to meet the very diverse demands of today’s business. Delivering fresh perspectives, practical solutions, and consistent high quality.

Advisory

Assurance

Zakat and Tax

Featured content

Saudi Vision 2030

G20 and global access

Go beyond in your career

connect

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