TaxSavvySA

ZATCA review after the company is closed

Can ZATCA come back after we close?

The situation

ZATCA can make or amend an assessment within 5 years after the filing deadline, or 10 years if no return was filed or there was intent to evade.

The law

  • Income Tax Law, assessment time limits: ZATCA can assess within 5 years of the filing deadline, or 10 years if no return or intent to evade

What it means for you

Keep accounting records, contracts, returns and payment proofs after closure. Name one shareholder as the contact for ZATCA letters. A final clearance does not prevent reviews within these windows.

What to do

  1. Archive records digitally.
  2. Name a contact person.
  3. Keep for at least 10 years.

We can do this for youClose a Saudi company: voluntary liquidation, final Zakat or tax return, VAT deregistration and CR cancellation: SAR 15,000

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