back

Global site

Global site
Africa
Americas
Asia Pacific
Europe
Middle East

Skip to content
Skip to navigation

type to see results

back

Advisory
Assurance
Zakat and Tax

Advisory

We offer a comprehensive range of advisory services to help you create, transform and protect value.

See Overview

Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
Marketing and Client Service
We offer strategy, client service, digital and insight solutions to businesses that are shaping the future across the Middle East.
Forensic services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
Transaction Advisory
Globalisation and company growth ambitions are driving an increase in transactions activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer-term strategic goals.
Growth services
We have designed and developed growth services to support your business at each phase of its growth. So whether you are an SME that has just set up or a large business wishing to expand, at Grant Thornton we will help you unlock your potential for growth.

Related insights:

Impact of IFRS Convergence on Saudi Arabian Businesses Streamlining Financial Processes through Digital Transformation in Accounting

3 min read | 30 Jul 2023

The International Financial Reporting Standards (IFRS) have emerged as a globally accepted accounting framework to enhance transparency, comparability, and consistency in financial reporting. As businesses in Saudi Arabia strive to strengthen their position in the global economy, converging to IFRS becomes a crucial step towards achieving international recognition and credibility. This article explores the impact of IFRS convergence on Saudi Arabian businesses, shedding light on the challenges they might encounter during the transition and the benefits they can reap in the long run.

Assurance

We have the scope, depth, and global reach to serve businesses who are positioned to thrive in Saudi Arabia. Our team provide you with assurance services that...

See Overview

IFRS
At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.

Zakat and Tax

Our experienced tax team not only support core compliance but are at the leading edge of transformation and operational resilience in respect of the tax...

See Overview

Energy & natural resources

Energy & resources

See Overview

Financial services

Optimism is slowly returning to the global economy, but the financial services industry needs to regain the trust of public and private bodies. To succeed,...

See Overview

Consumer products

Emerging markets and shifting consumer demand are creating new opportunities in consumer products, with business leaders investing in new products, markets and...

See Overview

Travel, tourism & leisure

Dynamic businesses need to move with speed and purpose if they want to capitalise on opportunities in travel, tourism & leisure. At Grant Thornton, we know...

See Overview

Healthcare

Demographic, organisational and resourcing issues are radically changing the global healthcare industry. Worldwide, we have a long and varied list of clients,...

See Overview

Public sector

We work with all types of agencies, including central and state government, local government, donors (including bilateral and multilateral international...

See Overview

Real estate & construction

While the impact of the prolonged downturn continues to be felt, pockets of opportunity and optimism have emerged within the retail estate and construction...

See Overview

Technology, media & telecommunications

Rapid change and complexity are norms, and innovation the fuel in the technology industry. Today’s revolutions – including cloud, as-a-service, social media...

See Overview

Tax

The transitional period for VAT increase across KSA

02 Jun 2020

According to the decision issued by the Government of the Kingdom of Saudi Arabia Ministry of Finance on 11 May 2020 announced several measures, one of them was to increase the Value Added Tax (VAT) rate from 5% to 15% effective from 1 July 2020.

In this regard, General Authority of Zakat and Tax (GAZT) has issued Guidance on the transitional provisions that would need to be considered for supplies that are made during the transitional period.

We provide a summarised overview.

Contact our team to discuss this update further.

Download the pdf

Download PDF [1263 kb]

Also appears under...

The transitional period for VAT increase across KSA

Download the pdf

Related Experts