Introduction to Zakat and Taxation

Course Code: FNBN 1018

280 Course Visits

Course Sector:

دورات المالية والمحاسبة والبنوك

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Course Dates and Locations

Choose a date and location to book your seat

No.

Date

Days

Location

Fees

Enrollment

04 - 08 Aug 2025

5 Days

Dubai, UAE

$4,250

06 - 10 Oct 2025

5 Days

Abu Dhabi, UAE

$4,250

Introduction

Training course introducion / brief

Currently, KSA executes one of the most ambitious and remarkable tax reforms in the world and has successfully implemented taxes on the Federal level in the form of Value Added Tax (‘VAT’), Excise Tax, and Zakat.

This program is designed to provide the participants with a strategic overview of the ZAKAT and VAT including calculation, accounting, and other underlying principles. The course aims to equip participants with the practical aspects of tax laws in the Kingdom to fully understand Zakat and taxation mechanisms

Gain a comprehensive understanding of the basic concepts of Zakat and VAT.
Demonstrate how to fill in Zakat and Tax Declaration and timing.
Be able to read the financial statements to determine the Zakat and Tax Base.
Interpret how to calculate the Zakat, Tax adjusted net profit/loss, and Tax Base
Acquire analytical skills through the application of theoretical concepts acquired on a variety of practical situations.
Enhance critical thinking through the development of abilities to choose the bases and appropriate for various zakat and VAT transactions accounting rules skills.
Demonstrate the practical approach to VAT treatment and reporting.
Have an in-depth understanding of the tax legislations and applied tax practices in Saudi Arabia.

Taxation:

Income v/s Taxable Income
Income Tax
Corporation Tax
Value Added Tax
Customs & Excise Duty
Timing Difference & Deferred Tax

Working Capital Control:

Inventory Control
Accounts Receivable
Accounts Payable
Reconciliation of Sub-ledgers
Other Current Assets & Current Liabilities

International Taxation

Overview of international tax principles
Double taxation and tax treaties
Challenges and solutions in global taxation

Ethical Considerations in Taxation

Ethical issues in tax planning and compliance
Corporate social responsibility in taxation
Case studies on ethical dilemmas in taxation

Understanding the concept of Zakat:

The concept, characteristics and goals of Zakat
Differences between Zakat and tax
Adjusted net profit/loss
Types of Zakat and Tax Declaration and timing
Zakat regulation

Income Tax Law:

Income Tax Law
Tax Filing and compliance procedures
Fixed assets and depreciation
Withholding Tax
Tax Treaties

Practical approach to the KSA Direct taxation:

Tax base and tax rates
Determine the Zakat and Tax Base
How to calculate the Zakat base
Corporate Income tax and withholding taxes
Territorial and Material scope of tax

Introduction to VAT:

Meaning of VAT and its impact on the economy.
How does VAT work and its Scope and liability
The new legislation
VAT treatment and reporting
VAT rates and the transitional VAT rules

Compliance and Registration Process:

Understand the VAT registration process and prepare required documents for VAT registration
Deadlines for compliance
Risks of non-compliance

Methods of Accounting for Zakat and Taxes:

Accounting for Zakat.
How to do accounting for Zakat Trade Offers (individual enterprises – companies)
Work procedures relating to the interests of the Zakat and Income (filing the return – examination – link – objection – Appeal)
The concept of properties and tax goals
The difference between the tax and zakat (similarities and differences – a combination of both)

The difference between tax evasion and double taxation:

The structure and properties of the tax system in Saudi Arabia
Fines under the new tax system
Tax accounting rules on the activity of the liberal professions and crafts
Tax accounting rules for individual installations
Case Study in Zakat, VAT and Tax Declaration
Case Study in Tax evasion in Saudi Arabia

Boost certificate of completion

BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.

ENDORSED EDUCATION PROVIDER

Flexible deadlines

Customized dates accordance to your schedule

Shareable Certificate

Earn certificate upon completion

COURSE METHODOLOGY

Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).

At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.

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TRAINING COURSE: Introduction to Zakat and Taxation