Zakat Planning
Company Formation and Records Transfer Services
Zakat planning is directly linked to financial planning, tax law, and both Zakat and income tax regulations. It aims to provide strategic advice for the implementation of the new Zakat and Income Law (version 1445), as a proactive step before the actual application.
The goal of Zakat planning is to:
- Ensure full compliance to avoid any potential issues with the General Authority of Zakat and Income during the actual implementation.
- Improve accounting and administrative treatments to ensure the best financial and zakat outcomes.
Al-Hamly & Partners' Zakat Planning Services
Our experts provide specialized and comprehensive Zakat planning services, including:
- Assessing the impact of the new regulations on company financial reports.
- Analyzing future operations, such as mergers and acquisitions, from a Zakat perspective.
- Providing strategies to minimize the risk of non-compliance with Zakat regulations.
- Ensuring companies adhere to amendments in Zakat legislation.
Offering an accurate estimate of the expected Zakat impact through:
- Analyzing the effect of the new regulations on the company's financial statements from the previous year.
- Providing Al-Hamly & Partners with a clear view to help companies understand the impact of Zakat and Income changes on their financial performance.
- Designing innovative solutions to meet company needs.
- Offering professional consulting services to help companies maximize their Zakat savings.
- Avoiding Surprises: Proactively addressing any unexpected situations when applying new regulations from the General Authority of Zakat.
- Enhancing Compliance: Ensuring that operations align with Zakat and tax standards.
- Achieving Financial Efficiency: Improving financial performance and reducing Zakat obligations in a systematic manner.
Benefit from Zakat planning services and avoid financial surprises in your company.
Zakat planning
