Frequently Asked Questions

Intelli Solutions provides a full suite of financial services for Saudi businesses including: Zakat and tax compliance (ZATCA), VAT and Fatoorah e-invoicing, external and internal audit (SOCPA approved), accounting and bookkeeping, payroll (WPS/GOSI), CFO advisory, company formation (MISA), AML compliance, business valuation, M&A advisory, and IPO preparation for Tadawul and Nomu.

Yes. Intelli Solutions is a fully registered and active member of the Saudi Organization for Chartered and Professional Accountants (SOCPA). You can verify our registration number on the SOCPA public registry at socpa.org.sa. Our SOCPA registration authorises us to sign statutory audit reports accepted by all Saudi regulators including MISA, ZATCA, SAMA, and CMA.

ZATCA Fatoorah is Saudi Arabia's mandatory e-invoicing system. Phase 1 (mandatory from December 2021) requires all VAT-registered businesses to generate electronic invoices. Phase 2 (rolling out by revenue wave) requires real-time integration between your ERP/POS system and ZATCA's FATOORAH portal. We manage the complete Phase 2 implementation for clients across all ERP platforms.

Zakat is calculated at approximately 2.577% on the Zakat base — broadly the working capital, trade inventory, and liquid assets of the company, less fixed assets, long-term investments, and qualifying deductions. The calculation differs significantly from IFRS net profit and must be reconciled from the financial statements. Our certified Zakat consultants calculate your Zakat base and file the annual ZATCA return on your behalf.

Yes. Our head office is in Riyadh but we serve clients across all 28 major Saudi cities including Jeddah, Dammam, Makkah, Madinah, Khobar, Tabuk, Jubail, Abha, Yanbu, NEOM, and KAEC. Most of our work is conducted remotely — via WhatsApp, video calls, and cloud document sharing — with on-site visits for audit fieldwork and specific engagements.

Our fees depend on the scope of services required, your transaction volume, and your business size. We offer fixed monthly retainers for accounting and payroll services — providing cost certainty with no unexpected invoices. We provide detailed fee proposals after a free initial consultation to understand your requirements.

Yes. We provide full company formation advisory for foreign investors — from initial structure advice and MISA investment licence application through to commercial registration, ZATCA registrations, bank account opening support, and ongoing accounting and compliance management. Most foreign-owned LLC formations are completed within 3–6 weeks.

ZATCA VAT penalties include: late filing — 5%–25% of tax due; late registration — SAR 10,000 per quarter; Fatoorah non-compliance — SAR 5,000–50,000 per invoice; failure to account for reverse charge VAT on imported services — 25% of the unaccounted VAT. We offer a ZATCA compliance health check to identify any current exposure before it results in a penalty.