Asharqia Chamber organizes a lecture on “Accounting Services for Zakat and Tax in Small Projects
Asharqia Chamber, represented by the Women's Empowerment Center, in cooperation with the Saudi Organization for Certified Public Accountants, organized a lecture entitled "Accounting Services for Zakat and Tax in Small Projects" presented by the legal accountant Walid Al-Khalidi at the Jubail branch.
During the meeting, which was held on Wednesday evening, January 29, 2025, and attended by the Chairman of the Jubail Business Council, Saad Al-Subaie, and the Director of the Authority's branch in Dammam, Ahmed Al-Salem, Al-Khalidi reviewed the importance of accounting services in organizing and managing these obligations effectively, as they work to organize financial data to facilitate tracking revenues and expenses, and improve decision-making so that they provide the necessary information to make strategic financial decisions, and help in adhering to tax and zakat requirements.
Al-Khalidi referred to specialized accounting services, which include advice on how to calculate zakat and its payment dates, assistance in preparing tax returns and tax planning, and preparing periodic reports that help in monitoring financial performance.
Accounting services are essential to ensuring the success of small projects, especially with regard to zakat and taxes, as good planning helps improve financial performance and avoid violations and fines.
It is worth noting that the lecture covered several topics, including: assistance in calculating zakat according to the regulations, preparing the zakat declaration, translating the zakat declaration and tables into Arabic, uploading the zakat declaration and submitting it to the Authority, following up to obtain the zakat certificate, and assistance in responding to the Authority’s inquiries.
