The resident entities in Saudi Arabia must submit a declaration relating to their TP when they meet the following conditions:

• The annual turnover of these entities or the total assets appearing on their balance sheet is greater than or equal to SAR10,000,000; and
• These entities are associated with other entities established in Qatar or abroad.

The resident entities in Saudi Arabia must submit a master file and a local file when they meet the following conditions:

• The annual turnover of these entities or the total assets in their balance sheet is greater than or equal to SAR50,000,000; and
• These entities are associated with other entities established abroad

We will assist you in:

• Developing transfer pricing strategies that are both compliant and advantageous for your business.
• Analysis and documentation of transactions between related parties in order to promote consistency with the arm’s-length principle for tax purposes.
• The preparation and submission of the transfer pricing report to the General Tax Authority (GTA) in compliance with Income Tax Law No. 24 of 2018 and its executive regulations.