Logistics & Transport Accounting & Advisory Saudi Arabia

Logistics & Transport Financial Compliance in Saudi Arabia

Our Logistics & Transport sector clients include freight forwarders, customs brokers, trucking companies, last-mile delivery operators, and warehousing providers. These businesses require financial advisors who understand not just general accounting standards, but the specific ZATCA treatment, sector regulatory requirements, and Vision 2030 compliance obligations that apply to their industry.

Saudi Arabia's logistics sector is a Vision 2030 priority — with the National Transport and Logistics Strategy targeting a top-10 global logistics hub ranking. The sector's accounting complexity comes from its multi-modal, cross-border nature:

• Customs and import VAT: Logistics companies handling customs clearance must account for VAT paid at customs on behalf of clients, correctly separate their own recoverable input VAT from client pass-through costs, and maintain customs records for 10 years as ZATCA requires.
• Fleet asset management: Large truck and vehicle fleets require detailed fixed asset registers, correct IFRS depreciation policies, IFRS 16 right-of-use asset accounting for leased vehicles, and insurance cost allocation. Fleet asset mismanagement is a leading cause of understated Zakat base in logistics companies.
• Driver payroll complexity: Logistics companies employ large numbers of drivers — often on daily rates, with productivity bonuses, regional allowances, and variable overtime. WPS compliance for this workforce, combined with GOSI contributions and EOSB accruals, requires a robust payroll system.