Grow Your Business in Saudi Arabia

<p>VJM Global provides end-to-end professional services for foreign companies operating in Saudi Arabia. This includes MISA foreign investment registration, LLC and branch formation, ZATCA tax registration (CIT and VAT), Zakat assessment and filing, Fatoorah e-invoicing setup, GOSI employer registration, Saudization workforce planning, IFRS-compliant accounting and bookkeeping, statutory audit coordination, transfer pricing documentation, and cross-border tax advisory including India-Saudi DTAA planning.</p>

<p>VJM Global is a professionally qualified firm with 100+ professionals serving 1,500+ clients across 75+ countries. The Saudi Arabia practice operates through VJM's Dubai GCC hub, staffed by qualified Chartered Accountants with direct ZATCA and MISA experience. Unlike setup agents that handle formation only, VJM manages the full lifecycle — from entity registration through ongoing accounting, tax filing, and compliance management. ISO 27001 certified operations ensure data security across all client engagements.</p>

<p>Yes. Company registration is the starting point, not the full scope. After MISA registration and Commercial Registration are complete, VJM manages ongoing ZATCA compliance (CIT or Zakat filing, monthly or quarterly VAT returns), Fatoorah e-invoicing maintenance, GOSI social insurance contributions, Saudization reporting under Nitaqat, monthly bookkeeping and management accounts, annual IFRS financial statements, statutory audit coordination, and payroll processing through WPS.</p>

<p>Saudi Arabia has multiple regulators with overlapping deadlines: ZATCA for tax and VAT, MISA for investment compliance, Ministry of Commerce for commercial registration renewals, GOSI for social insurance, and MHRSD for Saudization. VJM maintains a unified compliance calendar that tracks all filing deadlines across regulators. A single point of coordination at VJM manages all filings, reducing the risk of missed deadlines. The 120-day CIT filing deadline carries a 25% late penalty — VJM’s calendar system ensures no filing is missed.</p>

<p>VJM works with the accounting platform your business already uses — Zoho Books, SAP, QuickBooks, Xero, Tally, Sage, Oracle NetSuite, or Odoo. For Fatoorah e-invoicing, VJM configures the integration between your accounting system and ZATCA’s API for Phase 2 compliance. All client data is processed through ISO 27001 certified infrastructure with role-based access controls. Monthly dashboards and real-time reporting are delivered through cloud-based platforms.</p>

<p>Yes. An Employer of Record allows you to hire Saudi-based employees without establishing a legal entity. This suits market testing or small teams of one to five employees. However, EOR does not allow direct government contracting, limits commercial activity scope, and may not satisfy RHQ substance requirements. Most clients transition from EOR to a full entity — typically an LLC — within 6 to 12 months. VJM advises on the transition timing, handles entity formation, and migrates employees from EOR to your own payroll and GOSI registration.</p>

<p>VJM Global is ISO 27001 certified. All client data is processed through encrypted infrastructure with role-based access controls. Financial records, tax filings, and employee data are stored on secured cloud platforms with automated backup and disaster recovery. Saudi Arabia’s Personal Data Protection Law (PDPL) is reflected in VJM’s data handling protocols. Access to client systems is limited to assigned team members only, with audit trails maintained for all data interactions.</p>

<p>VJM serves clients across manufacturing, construction, financial services, technology, retail, and energy — the six sectors receiving the majority of foreign investment into Saudi Arabia. Each sector has distinct regulatory requirements: manufacturing faces industrial city incentive structures, construction requires project-based entity management, financial services needs SAMA licensing support, and technology companies face CITC and data localisation compliance. VJM’s team includes specialists in each of these regulatory frameworks.</p>

<p>Saudi Arabia applies Zakat at 2.5% on adjusted net worth to entities wholly owned by Saudi or GCC nationals, and Corporate Income Tax at 20% on taxable profit to entities wholly owned by foreign nationals. Mixed-ownership structures — common in joint ventures — trigger both taxes proportionally. The Saudi or GCC share pays Zakat while the foreign share pays CIT. Zakat is calculated on net worth (including retained earnings, provisions, and long-term liabilities), not profit. This dual system is unique to Saudi Arabia and creates complexity that VJM’s tax team manages routinely.</p>

<p>Fatoorah is ZATCA’s electronic invoicing programme. Phase 1 requires all Saudi VAT-registered businesses to generate and store invoices electronically. Phase 2 requires real-time reporting of invoices to ZATCA via API integration, with ZATCA-issued cryptographic stamps on each invoice. Phase 2 is being rolled out in waves based on revenue thresholds. Non-compliance triggers penalties starting at SAR 5,000 per invoice. VJM configures the Fatoorah integration between your accounting system and ZATCA’s platform, handles ongoing maintenance, and monitors each rollout wave.</p>