14/04/2021
Gentlemen/ Members of the Chamber
Greetings,
Asharqia Chamber presents you with its best regards and informs you that it has received the Council of Chambers No. (42503460) and the date (08/26/1442), referring to the very urgent Foreign Trade Commission telegram No. (25878) and the date (08/24/1442 AH)Including the generous directive to approve the agreement to avoid double taxation in the matter of taxes on income and on capital and to prevent tax evasion, and the accompanying protocol, signed between the government of the Kingdom of Saudi Arabia and the Swiss Federal Council in Riyadh on (06/02/1439) corresponding to (18 / 02/2018), as the aforementioned agreement entered into force starting from (08/19/1442) corresponding to (01/04/2021), following the (second) paragraph of Article (29) of the agreement, and its provisions become effective as follows:
Taxes deducted at source, on amounts paid or due on (or after) the first day of January 2022.
Other taxes for tax years beginning on (or after) the first day of January 2022.
Sincerely Regard
