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Document Type: Tax Law Article
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Article Number: 2
Country: 🇸đŸ‡Ļ KSA
Location: Chapter 2 - Taxpayers
Order: 2

Article 2 - Persons Subject to Taxation

Article 2 - Persons Subject to Taxation

Chapter 2 - Taxpayers

Article 2 - Persons Subject to Taxation

  1. A resident capital company in respect of shares owned, directly or indirectly, by non-Saudis, and shares owned, directly or indirectly, by persons engaged in the production of oil and hydrocarbons. An exception is made for shares owned, directly or indirectly, by persons engaged in the production of oil and hydrocarbons in resident capital companies listed on the Saudi Stock Exchange, and for shares owned, directly or indirectly, by such listed resident companies in other resident capital companies.[4]

  2. A natural person who is a resident non-Saudi conducting business in the Kingdom.

  3. A non-resident who conducts business in the Kingdom through a permanent establishment.

  4. A non-resident having taxable income from sources in the Kingdom without having a permanent establishment therein.[5]

  5. A person engaged in the field of natural gas investment.

  6. A person engaged in the production of oil and hydrocarbons.

Footnotes

[4]Amended by RD No M/131 dated 29/12/1438H (20 September 2017) with effect from 1 January 2018. Prior to the amendment, the clause read as follows:

'A resident capital company with respect to shares of non-Saudi partners'

[5]Amended by RD No M/131 dated 29/12/1438H (20 September 2017) with effect from 1 January 2018. Prior to the amendment, the clause read as follows:

'A non-resident with other taxable income from sources within the Kingdom.'