General Guideline

Submission of Zakat Returns and Payment of Zakat The Zakat taxpayer shall submit the Zakat return and pay the Zakat dues according to the Authority within a period not exceeding 120 days from the end of the Zakat year.The amounts due under the filed Zakat return or under the Zakat assessments issued by the Authority shall be paid in cases where such dues are final in accordance with Article 117 of the Implementing Regulations for Zakat Collection(20). The taxpayer may request paying the outstanding amounts in installments in accordance with the controls stipulated under the provisions of Article twenty-seven (118) from the Implementing Regulation for Zakat Collection. 6.2.4 Transfer Pricing The established entities in the Zone are obligated to apply the provisions of the Transfer Pricing bylaws issued by the Authority in order to ensure that all transactions between related parties are conducted in accordance with the Arm’s Length Principle, and those entities shall also maintain and submit all relevant documents to the Authority, including the main file, the local file, and the report for each country(21). The established entities in the Zone may check the guidelines issued by the Authority for Transfer Pricing in order to view all information and details in connection with the Transfer Pricing bylaws, including but not limited to, the interpretation, implementation, enforcement and application of these given bylaws. (20) Article(110) of the Implementing Regulations for Zakat Collection (21) Transfer Pricing bylaws issued by Zakat, Tax and Customs Authority pursuant to Board Resolution No. [6-1-19] dated 25/05/1440 AH, corresponding to 31/01/2019 AD. 6.3 Refund of Value-Added Tax (VAT) and Customs Duties